Most assets that can be converted to cash are considered countable (such as the cash surrender value of life insurance policies if the face value of the policy exceeds $1,500, stocks, mutual funds, bank accounts, deferred annuities, etc.) and can be used for your support. Such resources are considered in determining Medicaid eligibility. Excluded (non-countable) resources, for Medicaid eligibility include, but are not limited to, the homestead; one car; pre-need funeral; a burial space for the applicant and family members; term life insurance; personal property items; traditional IRAs and making minimum required distributions (RMDs); or IRA where no RMD is required (i.e. Roth or under the age for RMD) if the investment within the IRA is an annuity; a business essential for self-support; or certain mineral interests if limited value, etc.