#179: What if I can't have more than $3000 in my savings due to governmental benefits?

Josh and Amelie discuss various situations where people have limits to savings amounts due to governmental programs such as Medicaid or Disability.

Top takeaways:

• Many of the limits are state-specific.
• Figure out what someone in this situation would need an emergency fund for–it might be fewer things than you think.
• Do not think of “savings” as a monolith–each individual problem should be tackled individually.
• ABLE accounts are similar to retirement accounts except that they’re for disabled people and their families to be able to pay for specific expenses.

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