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It depends on the value of the IRA, the state, how long it was missed and amount of benefits paid.

I would contact an attorney and ask this question. Even though it was a mistake, it can still be considered fraud.
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venice1971 Jan 28, 2019
I think that's a good suggestion to contact an attorney. I shall inform him. Thank you for your help.
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Report it asap and figure out what you will do to spend it down, unless it is quite a substantial amount.

Medicaid will direct you in what you need to do.
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venice1971 Jan 28, 2019
I see. I shall inform him to do it asap. Thanks.
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Has your elder already received Medicaid approval?
I would be concerned they would be denied.
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venice1971 Jan 28, 2019
He is receiving the benefit of MediCaid now.
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Thank you for your answer.
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He will need to spend that on their care for Medicaid will stop if the value of the IRA plus what they have in the bank is over 2,000. This needs to be reported to them as a mistake before they catch it themselves and think it was done on purpose.
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venice1971 Jan 28, 2019
thank you for your suggestion.
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