Allowable Assets for Medicaid
Allowable Assets for Medicaid
Money you can keep:
- Medicaid limits the number of countable assets an applicant can keep. This limit is only $2,000.00
- If the applicant is married, the community spouse can retain a separate amount known as the Community Spouse Resource Allowance which is$26,076 - $130,380 in South Dakota.
- Assets CANNOT be given away at the time of the Medicaid Application.
Call +1 605-310-3250 and speak to any of our office staff to learn more or schedule an appointment.
Please contact us if you want more information
605-310-3250