Policy Library

EPM 2.2.3.1

Asset Limits

Effective:
June 1, 2016
Version:
1
Last edited:
October 3, 2026

Assets are items of value that people own like bank accounts, stocks and bonds, cars and real estate.

Medical Assistance for Families with Children and Adults (Without a Medical Spenddown)

There is no asset limit for Medical Assistance (MA) for Families with Children and Adults.

Medically Needy Medical Assistance for Children and Pregnant People (With a Medical Spenddown)

Children and pregnant people eligible for MA with a spenddown have no asset limit.

Medically Needy Medical Assistance Parent/Caretaker Relatives (Medical Spenddown)

Parents and caretaker relatives eligible for MA with a spenddown have the following asset limits:

  • $10,000 asset limit for a household of one
  • $20,000 for a household of two or more
  • Minnesota Statutes, section 256B.056