Pooled Trust Eligible Expenses

Pooled Trusts preserve the financial assets of individuals with disabilities or other identified needs while preserving public benefit eligibility.

Pooled Trust funds may only be used for the benefit of the individual beneficiary for expenses not covered by public benefits. 

Eligible Expenses

Supplemental Needs/Third Party Funded and Special Needs/Self-Funded Pooled Trusts can be used for, but are not limited to:

• Medical or dental services not covered by insurance, including eyeglasses, hearing aids or prosthetic devices
• Internet or cell phone services
• Vacations
• Social or recreational opportunities
• Pet care expenses
• Caregiver expenses
• Assistive technology
• Home modifications
• Transportation

Eligible expenses can be unique for each individual depending on the benefit programs they are enrolled in. Read more examples of expenses than can and cannot be funded by the trust. 

Protecting Assets

Determining whether expenses meet eligibility requirements can be confusing. LSS Pooled Trust specialists help beneficiaries manage their funds in compliance with state and federal rules.

If Pooled Trust funds are not properly invested or utilized, an individual’s public benefits could be interrupted or delayed. Trust assets used for restricted expenses can be counted as income, causing the individual to be disqualified from public benefits. Examples include:

• Items or services covered by public benefits
• Cash disbursements to the individual
• Reimbursement for purchases
• Unauthorized uses. All uses must be pre-approved

LSS Pooled Trust experts approve and track eligible to ensure the trust is only used for those items or services that are allowable for the individual.