Uncategorized
Understanding the SSA Overpayment Policy: A Closer Look
By: William Lindahl, Executive Director The Social Security Administration (SSA) recently announced a significant change in its overpayment recovery policy. After a year of limiting the recovery rate to 10% due to public outcry, the SSA is now reverting to a 100% recovery rate for overpayments. This change will take effect on March 27, affecting…
Read MoreWhy CPT Institute Was Chosen to Handle One of the Largest Bankruptcy in the Trust Industry
Experience and reliability are key to managing complex financial situations, especially in the trust industry. CPT Institute stands out as one of the safest national pooled trust programs in America, so we were chosen to handle one of the largest bankruptcies in the trust industry. Proven Track Record CPT Institute has a long history of…
Read MoreWhy Choose CPT Institute
Choosing the right trustee is crucial, and CPT Institute stands out as a perfect fit for many clients. Here’s why: Cost-Effective and Transparent Dedicated and Reliable Reputation and Service Community and Support CPT Institute is dedicated to providing the best service possible, making us an ideal choice for clients seeking a trustworthy and efficient trustee.
Read MoreWhat Happens To My SSI and Medicaid Benefits If I Travel
If you travel outside the United States without taking proper precautions, you could lose your eligibility for Supplemental Security Income (SSI) and Medicaid POMS: SI 02301.225 you are ineligible if you are out of the country for a full calendar month or 30 consecutive days. Once you lose benefits, you can get reinstated, but you…
Read MoreA SPEND DOWN: WHEN A SPECIAL NEEDS TRUST ISN’T THE BEST OPTION
To be eligible for Supplemental Security Income (SSI), Medicaid, or In-home support services (IHSS), you cannot have assets in your name that are valued at more than $2,0001. If you have assets that exceed this limit, more than $2,000 dollars in most states, you may need a Special Needs Trust to protect ongoing eligibility for…
Read More