How To Protect A Roth IRA from the Medicaid Spenddown Process

Описание: 📋 Video Summary: Protecting your Roth IRA from the Medicaid spenddown process is no small task, but new strategies in New York are changing the game! Learn how voluntary Required Minimum Distributions (RMDs) can help safeguard your Roth IRA and transform it into a protected income stream under Medicaid rules.

In this video, we’ll cover key estate planning strategies, the challenges of shielding Roth IRAs, and the critical role of Medicaid planning. Discover how these innovative approaches can preserve your financial legacy and benefit your heirs.

Topics Discussed:
• Why Roth IRAs are vulnerable to Medicaid spenddown rules
• The game-changing strategy of voluntary RMDs for Roth IRAs
• How to use irrevocable trusts in Medicaid planning
• Understanding the Medicaid spenddown process for retirement accounts

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0:00 – 1:10 Roth IRA Protection From Medicaid
1:11 -3:05 Roth IRAs CANNOT Be Owned By a Trust
3:05 - 4:45Voluntary RMD
4:45 Medicaid Rules Vary State by State
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