List Of Assets That Count Toward Eligibility

The following is a list of some of the kinds of assets that DO count toward the $2,000 asset limit:

Money in the form of:

• Cash, savings and checking accounts
  
• Credit union share and draft accounts
  
• Certificates of Deposit (CDs)
  
• Savings Bonds
  
• Individual retirement accounts (IRAs) and Keogh plans
  
• Nursing home trust funds
  
• Prepaid funeral contracts which can be canceled
  
• Trusts, depending on the terms of the trusts
  
• Annuities
  

Equity in:

• Real estate other than your home
  
• More than one car
  
• Boats or recreational vehicles
  
• Stocks, bonds and mutual funds
  
• Land contracts or mortgages held on real estate sold.

*Medicaid rules and guidelines differ by state and can change yearly, you should contact your local Medicaid office for the most current information.

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