Ohio Medicaid and having savings account and an IRA. - AgingCare.com

Ohio Medicaid and having savings account and an IRA.

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Ohio Medicaid question. I am 60 and just got laid off, I am not receiving unemployment benefits as I am seeking SSD. I have no income at this time. I do have a small inheritance in the bank of $8000.00. I also have some monies in an IRA from working over the years. I am using the inheritance to live. Will this disqualify me from receiving Ohio Medicaid?

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You are old enough to start withdrawing from the IRA. Look into that.
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TO: Pamstegma:
Wonder why no one asked me what I had in the bank? It is an inheritance. I have no income now because you cannot collect unemployment is you have applied for SSD. So I am soley on my own! Thank you.
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Yes, you have too much money to get Medicaid yet. Get on the unemployment ASAP. SSD is very hard to get, especially since you were actually working.
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