What assets are exempt from Medicaid?

What assets are exempt from Medicaid?

Medicaid Exempt Assets The home up to a value of $906,000. $75,000 to $130.000 in resources. One automobile. Prepaid funeral and burial for applicant and spouse. Household furniture, personal effects, jewelry with sentimental value. IRA’s, 401(k)’s and other qualified plans, provided they are paying out a monthly income. More items…

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