Protecting Resources for Medicaid & SSI Beneficiaries with Special Needs Trusts and ABLE Accounts
Authored By: Columbia Legal Services
The countable resource limit for Supplemental Security Income (SSI) recipients and many Medicaid recipients is only $2,000. However, some of these recipients can protect additional resources in a Special Needs Trust or an ABLE account. This bulletin will explain these options and who can benefit from them.