Changes to Medicaid passed in the Trump Administration's Big, Beautiful Bill are poised to reduce federal Medicaid spending by $911 billion over the next 10 years and lead millions of people to lose ...
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Mom Needs a Nursing Home. Should I Spend Down Her Assets So She Qualifies for Medicaid?
Question: My mom suddenly needs to be in a nursing home. Should I spend down her assets so she qualifies for Medicaid? Answer: If you’re in a situation where your mother needs nursing home care, you ...
Those who entered nursing homes initially as non-Medicaid residents, particularly those with longer stays, were at risk of spending down their assets and enrolling in Medicaid, according to a December ...
Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet strict ...
Long-term care and Medicaid planning are important considerations for families, especially during the holidays when they gather. Without proper planning, individuals may need to spend down most of ...
Medicaid enrollment declined this year as states ended pandemic-era continuous enrollment policies, but spending rose — and looming cuts to the safety-net insurance program means more cost pressures ...
In my 34 years of advising retirees and those transitioning into retirement, I have not seen a stock market drop cause anyone with a properly managed and diversified portfolio and reasonable spending ...
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