Managing Special Needs With Pooled Income Trusts in New York
2 Articles
2 Articles
Managing Special Needs With Pooled Income Trusts in New York
Pooled income trusts can help you keep your Medicaid benefits while managing excess income in New York. If you’re disabled or over 65, you can join these nonprofit-managed trusts by contributing your surplus income each month. You’ll need to provide disability documentation and meet specific eligibility requirements, but once approved, the trust can pay for your essential living expenses like rent and utilities. The funds are professionally mana…
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