Washington up to the amount Medicaid has spent for the care of. the spouse on Medicaid. The new regulation also creates a separate rule for annuities that. hold funds from tax-favored retirement accounts, like Individual Retirement. Accounts (IRAs), Simple Retirement Plans, and SEP retirement accounts.
Economic security. For financial securities such as stocks and bonds, see security (finance). Economic security or financial security is the condition of having stable income or other resources to support a standard of living now and in the foreseeable future.
In other words, you no longer have to work to produce income. As long as you can reasonably foresee and anticipate your future expenses, it's a reasonably logical black or white calculation. Financial security, on the other hand, is an emotion. To many people, financial security is defined as freedom from worry. It's a state of being so confident in your financial situation that you no longer worry about whether you'll have enough..