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.
The Individual Options Waiver (IO Waiver), is a Medicaid waiver for people who have develop-mental disabilities. Individuals who are eligible can use a Medicaid waiver to stay in their homes and get support, rather than live in an Intermediate Care Facility for Individuals with Intellectual Disabilities (ICF/IID).