Tag: low-income
Low-income retired couples with less than $3,000 in assets can get Medicaid to supplement their Medicare insurance or pay for a nursing home. This asset cap, set by state governments, mainly applies to financial accounts and excludes the value of a home and vehicle. But Medicaid coverage in old age could conflict with auto-IRA initiatives…
The Social Security Administration encourages applicants for its research grants to explore “the structural barriers that may contribute to disparate outcomes among people who have been historically underserved, marginalized, or adversely affected by persistent poverty.” Numerous studies resulting from this research agenda reveal deep differences in how older Black and White Americans experience work and…
