Federal and New York State law both permit a person of any age with a disability (as defined by the Social Security Administration) to protect financial resources for the purpose of maintaining eligibility for government benefits by using a pooled supplemental needs trust (SNT).
By protecting excess monthly income and resources for a person with a disability, a pooled SNT can secure a person's eligibility for benefits and improve their quality of life considerably.
As Trustee, NYSARC will administer the account and distribute funds for the sole benefit of the beneficiary to purchase eligible items and services when provided with required documentation. Trust funds can pay for many things, but not all requests can be paid and are made at the sole discretion of the Trustees.
A qualifying pooled supplemental needs trust must meet the following criteria as defined by the Social Security Administration (SSA) program operations manual system (POMS):
Not sure which trust is best for you? Call (518) 439-8323 and our Beneficiary Support Team can help guide you based on your individual needs!
NYSARC Trust Services representatives have always been very professional and wonderful people to work with. They are doing great work with helping people in need.
Yours is the golden standard by which all agencies should be measured.
The quality of service offered by NYSARC Trust Services is unparalleled.