Elder Law Answers
Key Medicaid Information for Virginia
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- Community Spouse Resource Allowance (CSRA):
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Minimum: $24,720
Maximum: $123,600 - Annuities:
- Actuarially sound annuities are permitted.
- Figure used to calculate transfer penalties:
- $8,367 in Northern Virginia; $5,933 elsewhere in state.
- Home Equity Limit:
- $572,000