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Financial Planner

Category - Retirement Savings and Income Planning

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What is the amount of countable assets a married couple can retain when applying for Medicaid?

$2,000
$3,000
$4,000
$6,000

Explanation

Answer: B - In most states, a single applicant can retain $2,000 in countable assets. This amount increases to $3,000 for married couples. Some types of assets are excluded.

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