What expenses can be paid?
Able Account
Qualified Disability Expenses (QDE) must be related to the beneficiary’s disability and include but are not limited to: education; housing, transportation, employment training & support, assistive technology & related services, health, prevention & wellness, financial management and administrative services, legal fees, expenses for ABLE account oversight and monitoring, funeral and burial and basic living expenses. To avoid any impact to a beneficiary’s SSI benefits, funds from the ABLE account used to pay for housing must be spent within the same calendar month that funds are withdrawn from the account.
Third Party Special Needs Trust
Disbursements can pay for goods and services that will enrich the quality of life of the beneficiary while protecting benefits of SSI and Medicaid recipients. There is greater flexibility in what the pooled trust can pay for compared to the ABLE account since expenses do not have to be related to the beneficiary’s disability. The following are some examples: education, transportation, health care, cable, phone, internet, employment training and support, assistive technology, care provider, prevention and wellness, home renovations, legal fees, hobby, leisure, and recreation activities, gifts for others that are given on behalf of the beneficiary, paying for a family member companion on vacations or travel or for family and/or friends to visit the beneficiary and all funeral expenses.
First Party Special Needs Trust
Disbursements are for the sole benefit of the beneficiary and can pay for goods and services that will enrich the quality of life of the beneficiary while protecting benefits of SSI and Medicaid recipients. There is greater flexibility in what the pooled trust can pay for compared to the ABLE account since expenses do not have to be related to the beneficiary’s disability. The following are some examples: education, transportation, health care, cable, phone, internet, employment training and support, assistive technology, care provider, prevention and wellness, home renovations, legal fees, recreation, hobby and leisure activities. Purchasing a prepaid funeral is allowed but funeral expenses are disallowed following the death of the beneficiary.
Third Party Pooled Special Needs Trust
Disbursements can pay for goods and services that will enrich the quality of life of the beneficiary while protecting benefits of SSI and Medicaid recipients. There is greater flexibility in what the pooled trust can pay for compared to the ABLE account since expenses do not have to be related to the beneficiary’s disability. The following are some examples: education, transportation, health care, cable, phone, internet, employment training and support, assistive technology, care provider, prevention and wellness, home renovations, legal fees, hobby, leisure, and recreation activities, gifts for others that are given on behalf of the beneficiary, paying for a family member companion on vacations or travel or for family and/or friends to visit the beneficiary and all funeral expenses.
First Party Pooled Special Needs Trust
Disbursements are for the sole benefit of the beneficiary and can pay for goods and services that will enrich the quality of life of the beneficiary while protecting benefits of SSI and Medicaid recipients. There is greater flexibility in what the pooled trust can pay for compared to the ABLE account since expenses do not have to be related to the beneficiary’s disability. The following are some examples: education, transportation, health care, cable, phone, internet, employment training and support, assistive technology, care provider, prevention and wellness, home renovations, legal fees, recreation, hobby and leisure activities. Purchasing a prepaid funeral is allowed but funeral expenses are disallowed following the death of the beneficiary.