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Spend down money typically refers to funds that individuals must use to reduce their assets to qualify for certain government assistance programs, such as Medicaid. Once these funds are spent on eligible expenses, they are no longer owned by the individual and effectively become part of the expenses incurred to meet program requirements. However, any money not spent according to the rules may still be considered the individual's asset. The specific ownership and rules can vary based on the program and jurisdiction.
What else can I help you with?
What do farmers spend their money on?
Most farmers spend their money on achol or cattle, most of the time they spend it on hookers
Why do wealthy people tend to spend a lot of money?
B/c they have a lot of money to spend.
How do charity's spend the money?
Charities can spend their money on almost anything they like. If they are nice people, they will spend their money on blankets, medicine, food and water for the poor. If they are mean and selfish, they would spend their money on themselves, and not give even a BIT to the needy. Hope this helps. -Sandy
How can peer pressure affect your money management?
Peers can influence you to spend money that you would not spend if it were not for the peer pressure. On the other hand, peers can influence you positively by encouraging you not to spend money unwisely.
Who owns the money in the world?
michael angelo v.borneo
How are home prices affected by a recession?
Prices go down as people have less money to spend.
how much money do i spend?
How much money DO you spend?
What is the role of business in economy?
Business keeps the money flowing. When somebody spends something at a business, the people working there have extra money to spend on something else, which gives the people at another business extra money to spend...etc. When theft occurs, people start saving money, or don't have extra money to spend, the economy slows down.
When was Spend My Money created?
Spend My Money was created in 2008-10.
Who owns your money in a bank account you or the bank?
The person whose name is on the account owns the money. The bank holds it for them.
What do farmers spend their money on?
Most farmers spend their money on achol or cattle, most of the time they spend it on hookers
Can you spend jamaican money in the US?
No, you can only spend jamaican money in Jamaica
How much money does Spain have?
Not very wealthy considering they bankrupted last year.
How can you win cash 3?
spend all your money and keep hoping... you would be better off saving the money.. buying lottery tickets is like flushing the money down the toilet.
Is there any limit to how much the government can spend?
yes they only have as much money as they get to spend, they can't spend extra money.
How much money do you spend on security equipment form her to the border?
How much spend money
What do Australians spend their money on the most?
Australians spend their money on sh*t all
