Supplemental Security Income (SSI) - RCFS https://rcfstrusts.org "Improving Lives - Protecting Futures" Tue, 07 Apr 2026 19:05:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://rcfstrusts.org/wp-content/uploads/2023/04/cropped-logo-placeholder-32x32.png Supplemental Security Income (SSI) - RCFS https://rcfstrusts.org 32 32 224759882 Benefits of Irrevocable Burial Accounts https://rcfstrusts.org/irrevocable-burial-accounts/ Fri, 19 Apr 2024 21:17:55 +0000 https://rcfstrusts.org/?p=4690 Irrevocable Burial Accounts (IBA) are accounts set up for the sole purpose of providing funds for an individual’s funeral and burial expenses. Funds, below the maximum limit ... which are deposited in the account, are not considered as assets in determining eligibility for SSI or Medical Assistance.

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]]> 4690 Supplemental Needs Payback Trusts https://rcfstrusts.org/supplemental-needs-payback-trusts/ Fri, 19 Apr 2024 19:28:43 +0000 https://rcfstrusts.org/?p=4679 A Payback or Special Needs Trust permits assets to be legally sheltered so that an individual with disabilities receiving government benefits is not rendered ineligible.

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]]> 4679 Third Party Supplemental Needs Trusts: How Families Can Plan Ahead https://rcfstrusts.org/third-party-supplemental-needs-trusts-a-guide/ Fri, 19 Apr 2024 17:11:58 +0000 https://rcfstrusts.org/?p=4648 The Third Party Funded Supplemental Needs Trust permits a family to plan and financially provide for an individual with disabilities without affecting the individual’s eligibility for government benefits. This type of a trust is a very effective tool, but it requires very careful advance planning.

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]]> 4648 Supplemental Needs Pooled Trusts: What They Are https://rcfstrusts.org/supplemental-needs-pooled-trusts/ Fri, 19 Apr 2024 16:38:55 +0000 https://rcfstrusts.org/?p=4630 Supplemental Needs Pooled Trusts ... permit assets, which would otherwise disqualify an individual from receiving SSI (Supplemental Security Income), or Medical Assistance (some states use MA, Medicaid, or have other names for this benefit), to be placed in a trust account and not render the individual ineligible.

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]]> 4630 Repeat After Me: “SSI Is Not Social Security” https://rcfstrusts.org/repeat-after-me-ssi-is-not-social-security/ Tue, 13 Feb 2024 16:47:21 +0000 https://rcfstrusts.org/?p=4601   Trust Matters   Repeat After Me: “SSI Is Not Social Security” Special Needs Trust, Supplemental Security Income (SSI) SSI vs. Social Security If I had a million dollars, I’d buy commercial time at the upcoming Super Bowl and run an ad that would say, in big bold letters, “SSI is not Social Security.” I […]

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]]> 4601 Representative Payee Services: What You Need To Know https://rcfstrusts.org/representative-payee-services/ Wed, 07 Feb 2024 19:38:23 +0000 https://rcfstrusts.org/?p=4330 A representative payee is a person or entity appointed by Social Security or another government benefit provider to manage the associated benefit payments for someone unable to do so on their own — for example, a minor child, a severely disabled person or a retiree suffering from advanced dementia.

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