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Title 8: Medicaid Page 90 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources General Non-MAGI-Related Resource Policies Revised July 10, 2026 Exempt Resources for Medicaid for Employed…  Roth individual retirement accounts.  Savings incentive matched plans for employees.  Salary reduction simplified employee pension plans (also known as “SARSEPs”).  Similar plans for retirement investments authorized under federal law after May 17, 1999. • Retirement plans established pursuant to a “qualified domestic relations order” as defined by federal law (26 U.S.C. section 414). If the type of plan is unclear from the documentation provided, verify it with the plan administrator or send a clarification request to central office. Specific Non-MAGI-Related Resources This section lists specific types of resources that are countable or excluded, in total or in part, when determining initial or ongoing eligibility for non-MAGI-related coverage groups. Some countable resources require calculations to determine the countable value to the applicant or member. Some resources are excluded only up to a certain limit, after which the remainder is countable. And finally, some resources are exempt in the month of receipt and in some cases, the month following the month of receipt. Examples include:  Death benefits  Earned income credit  Income tax refunds  Retroactive cash payments  Social services expenses  Third party medical payments See individual items for more information. ABLE Account The Achieving a Better Life Experience (ABLE) Act of 2013 was signed into law in December 2014. The ABLE Act amends Section 529 of the Internal Revenue Service Code of 1986 to create tax-free savings accounts for individuals with disabilities. These savings accounts are called ABLE accounts