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Financial Planner

Category - Retirement Savings and Income Planning

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Properly planning for Medicaid involves understanding which of the following?

Tax planning
Retirement savings and income planning
Estate planning
All of the above

Explanation

Answer: D - In order to plan for Medicaid, you should understand tax planning, retirement savings and income planning, and estate planning. You need to understand eligibility requirements, how assets will be treated, what benefits are available, how to remain eligible, and what consequences a client may have for receiving benefits on an estate.

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Financial Planner

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Financial Planner

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