Question: Are company pensions and annuities considered a “countable resource” when applying for Medicaid nursing home care?
Answer: Yes, all monthly income is included as a “countable resource” when applying for Medicaid. That means social security, annuity payments (regular annuities or private annuities, pension payments (civil or military service or private), rents, royalties, dividends, interest, etc. are just some of the types of income that are included as “countable resources” by Medicaid.
To find additional help with your elder care matters (including finding Elder Care Professionals near you), go to ElderCareMatters.com – America’s National Directory of Elder Care / Senior Care Resources.
I. Michael Tucker, Esq.
Altamonte Springs, Florida
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