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Will a reverse mortgage affect my Social Security, Medicare, or Medicaid?

Will a reverse mortgage affect my Social Security, Medicare, or Medicaid?

A reverse mortgage will not impact Social Security and Medicare benefits because income is not currently a factor considered in qualification for those two programs. 

A reverse mortgage may affect Medicaid benefits because Medicaid is only available to those with limited income.  Additional income from a reverse mortgage may push one over the income limit and disqualify one from the Medicaid program.  Eligibility varies by state, so please contact your state’s Medicaid office for more information.

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