| Another Roth IRA and Medicaid trust question:
CLIENT QUESTION:
Can you put a Roth IRA in your trust?
MY RESPONSE:
NO! Transferring your ROTH IRA to a trust will end all Roth protections for income tax and Medicaid purposes. Do not do it!
I hope this helps!
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As always, please send me your questions. If you are thinking about it, others are probably too, so my answers will no doubt help you and many others.
Let’s stay connected.
Stay safe! |
