What is a pooled income trust?

A Pooled Income Trust is a supplemental needs trust run by a non-profit organization where individuals with disabilities can deposit excess income above Medicaid eligibility limits, that allows you or your loved one to receive or maintain Medicaid benefits even if you have excess income. At the same time, this trust preserves your monthly income to pay living expenses like rent/mortgage, utilities, bills, additional hours for homecare services, and other non-covered needs, essentially "spending down" their income without impacting their Medicaid eligibility; this is considered a way to maintain quality of life while accessing necessary medical services allowing individuals to Secure Your Future.

How does a pooled income trust work?

A pooled income trust works by allowing you, particularly those with disabilities or special needs, to manage their income while remaining eligible for government benefits like Medicaid.

Contributions: Participants deposit their excess monthly income into the trust. This income would otherwise exceed the Medicaid eligibility limits, allowing them to maintain eligibility for benefits.

Distributions: Beneficiaries can direct the Pooled Income Trust to pay bills and approved monthly expenses, such as rent/mortgage, groceries, clothing, entertainment, education, transportation, and other needs that enhance their quality of life. These distributions do not count as income for Medicaid purposes.

Overall, pooled income trusts provide a structured way for individuals to maintain financial support while receiving necessary medical and personal care through government programs.

Why Should I use Secure Your Future?

Exceptional Customer Service

From a responsive team dedicated to the needs of our beneficiaries.

Comprehensive Administrative Fees

Cover all trust activity, no limit on monthly requests and no annual renewal fees.

Convient Account Management

With electronic deposits and automatic payment options

24/7 Access via Online Portal

Manage your accounts, make disbursements requests, verify deposits and more.

Accounts Opened Quickly

Low minimum funding requirements.

A pooled income trust will improve your quality of life by allowing you to keep as much excess income as possible to spend on your everyday needs.