Protecting Your Client’s IRA: Understanding the “Name on the Check Rule”

Retirement accounts can pose a problem for your client's Medicaid plan, but using a Medicaid Compliant Annuity can help preserve the asset and accelerate your client's eligibility.

In this webinar, Dale Krause, J.D., LL.M., explores:

• How IRAs are treated for Medicaid purposes and how a Medicaid Compliant Annuity eliminates the asset
• Strategies for different case facts, including "Name on the Check Rule" and how it helps protect an IRA owned by an institutionalized spouse
• Transfer methods for avoiding tax consequences

The "Name on the Check Rule" is a crucial strategy any agent working in Medicaid planning should know. This session will help you understand when it makes sense to use, the Medicaid regulations that dictate the strategy, and how to enact it in a way that's most beneficial to the client.

Download the handouts from this session >>