You must reach the age of 59 1/2, and your Roth IRA must have been open for five years, before you can take out any earnings with no taxes or penalties. If you withdraw earnings before five years have passed, you will be subject to a 10 percent penalty plus ordinary income tax.
The Elderly Waiver is a program that is designed to provide in-home services to those 65 and older who may be at risk of going to a nursing facility. 1  Adult Day Care.
A case manager works closely with the client to examine what the client needs to be able to safely remain at home. A care plan is developed which outlines the services that the client is going to receive. To apply for the Medicaid Elderly & Disabled Waiver Program, call 1-800-AGE-LINE (800-243-5463).