P.K. vs Union County Board of Social Services and DMAHS

P.K. vs Union County Board of Social Services and DMAHS

OAL docket no. HMA7069-09N, Final Agency Decision issued March 4, 2010

Immediate, nonassignable, irrevocable IRA annuity, purchased by the community spouse during the spend-down period, naming the State of New Jersey as the 1st remainder beneficiary to the extent of Medicaid benefits paid for the institutionalized spouse, is not an available resource because it cannot be sold on the secondary market.

Attorney: Linda S. Ershow-Levenberg, Esq.

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