Other Limitations. You are allowed to have both an IRA and a 403(b) plan at the same time. However, if you or your spouse are covered by a 403(b), the deductibility of your IRA contributions is limited if your income exceeds certain limits, which change from year to year.
Presence Maryhaven Nsg & Rehab is a nonprofit nursing home that is located in Glenview, Illinois. The facility accepts Medicare and Medicaid. This is the second highest ranked center in the city, but you have 3 other local options. The highest rated Glenview facilities are: Vi At The Glen - Smart Rating of 87 out of 100. Presence Maryhaven Nsg & Rehab - Smart Rating of 92 out of 100.
Client, age 30, began receiving Social Security disability payments in January 2007. She will qualify for Medicare in 2 years, in the meantime she has no health care insurance. She has an IRA containing $30,000. She is the owner of the IRA-the source of the contributions was a job she held in a school cafeteria. The assets in the IRA prevent her from qualifying for other state benefits so spending down the assets to qualify may be the way to go.