Certified Senior Advisor (CSA) Practice Test

Qualified retirement plans are considered countable assets when evaluating an individual's financial situation for Medicaid eligibility. These plans can include IRAs, 401(k)s, and other similar retirement savings accounts. The funds within these plans are seen as resources that can be used to pay for medical care, which is a critical factor when determining eligibility for Medicaid benefits.

In contrast, other options like wedding rings, burial plots, and personal items with sentimental value are typically not regarded as countable assets for Medicaid. Wedding rings, while valuable, often fall under exempt personal property due to their sentimental significance. Burial plots might be exempt from consideration entirely, as many states allow individuals to set aside funds or property for funeral expenses without impacting Medicaid eligibility. Personal items with sentimental value are generally regarded as uncountable assets because they do not have a direct monetary value that would impact one's ability to pay for medical care.