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Comparison Chart of Trusts & ABLE Accounts

Last Updated September 22, 2022

Chart showing similarities and differences between ABLE account, special needs, pooled and third party trusts

Subject: Aged, Blind, Disabled (ABD), Long Term Care (LTC) Topics: ABD, ABLE Account, bank, Beneficiary, countable, distributions, Eligibility, Exempt, grandparent, guardian, limits, LTC, parents, Payment, pooled trust, Representative, Resources, sibling, Special needs trust, SSI, third party trust, trust

UpdatedABLE Accounts

Last Updated November 8, 2024

What is an ABLE account, how does it affect eligibility, what does a worker need to verify

Subject: Aged, Blind, Disabled (ABD) Topics: ABLE Account, account, Achieving a Better Life Experience Act, bank, basic living expenses, countable resource, Death, Disability, Education, Exempt, Expenses, housing, HR&MS, Income, legal fees, Medical, monitoring, OHCA, onset date, oversight, QMBP, reimburse, RSDI, SSI, SSP, state, Stephen Beck Jr., transportation, Verification