Using IRAs in Medicaid Planning: Strategies with Medicaid Compliant Annuities
Attorneys are increasingly called upon to help clients with retirement assets like individual retirement accounts (IRAs) navigate the complexities of Medicaid eligibility. This course provides a practical guide to understanding how IRAs are treated in the Medicaid eligibility process and how a Medicaid Compliant Annuity (MCA) can be used as a powerful planning tool.
Participants will gain a foundational understanding of the Medicaid program, including key eligibility rules and how retirement accounts factor into the asset and income tests. The webinar will then walk through the process of converting an IRA into a Medicaid Compliant Annuity in a way that meets state requirements and avoids adverse tax consequences. Real-world case studies will illustrate the application of these strategies for single applicants and married couples.
Presented by: Jim Wolverton
CLE: 1.0 general credit
Approved States: CA, CO, FL, GA, IL, NJ, NV, NY, OH, OK, PA, TN, TX, UT, VT
(AK, AZ, CT, MO, ND, NH eligible to claim credit.)
We will supply you with the information needed to apply in other states.
Approval process times will vary
Contact shopcle@wealthcounsel.com for CLE assistance.
WealthCounsel members: This CLE eligible program may be complimentary for WealthCounsel members, depending upon their subscription bundle. Please access and view it here via the member website for optimal experience and inclusion in your CLE Profile Account.
