Summary Table: Income and Assets as Categorized Under MassHealth

Estate Planning Blog

Assets

Income

Countable

Exempt

Community
Spouse Exempt

Institutionalized
Spouse Countable

Bank Deposits (Savings, Checking, Money Market, CDs)

House
(up to $828,000)

Spouse’s Assets under CSRA
(up to $119,220)

Income (minus $72.80 personal needs allowance)

IRA

One Vehicle

MMNA ($1,991.25/mo to $2,980.50/mo)

Pension

Annuities

Funeral

Social Security

Assets over $2,000

$1,500 in Life Insurance

VA Benefits

Immediate Annuity

Furniture and Personal Items