can you get medicaid if you have an ira
IRAs provide income tax breaks, but the money in them doesn't get any special treatment by Medicaid. If you apply for Medicaid, IRAs in your name are counted as assets. The fact that you would lose your tax break if you tapped into the IRA funds too early doesn't protect them from consideration by Medicaid. Assets, including IRAs, can be removed from consideration by Medicaid in one of several ways.