Tag: states
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…
How well you will live in retirement will depend on two things: your income and the local cost of living. A new study that ranks each state based on how many of its retirees can meet a basic standard of living comes up with an interesting combination of places that are financially friendly – or…
