Author Topic: Medicaid and Retirement Account  (Read 1644 times)

Accrorn

  • 5 O'Clock Shadow
  • *
  • Posts: 7
Medicaid and Retirement Account
« on: November 02, 2016, 02:35:41 PM »
I'm pretty sure I understand this but it doesn't seem right so I wanted to verify with you lovely people!

If we contribute to our Simple IRA offered through my husband's employer then we will meet the income guidelines for medicaid because the contributions won't count towards the income.  I guess I'm just making sure this is correct because it seems like a weird loophole. Would what we pay in health premiums also decrease the income counted?

There is no asset test because this would be for pregnancy medicaid.

 

Wow, a phone plan for fifteen bucks!