Behavior
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 decision to retire is complex enough. But throw a family farm into the mix and it introduces a host of issues most people never think about. How long will the farmer be physically capable of doing this work? Are any of the adult children willing to take over the operation, and which one? W…
