SSI
Rule Change effects purchases of clothing, household goods and
vehicles.
Memo.SSI
changes.030905
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A
New Way to Support CFPD! Donate a Car!
CFPD
is now a participating not for profit in Cars for Colorado .
Cars for Colorado provides a service that allows people to donate
a car to CFPD and get a tax deduction for the donation.
Cars
for Colorado manages the entire donation process, including receiving
the phone calls, towing the vehicle, title paperwork and selling
the vehicle at auction. The net proceeds of the sale go
to CFPD to support our efforts.
You
can find out more about this program by going to www.carsforcolorado.org
or go to our links page and click on the link.
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Good
News!!
There is a New Service Available at the
Colorado Fund for People with Disabilities!!
A new option is now available through the Colorado Fund for People
with Disabilities (CFPD) for individuals who have difficulty staying
under the $2000.00 resource limit to maintain their Medicaid benefits.
Through CFPD, people can set up a trust fund with a minimum deposit
of $1500.00 and make deposits from their excess funds to build
up the trust. These could be excess Social Security benefits from
a relative or income earned on the job. Minimum additional deposits
are $500.00 per deposit. With this service, when a person reaches
their resource limit they can put $500.00 or more into CFPD and
build back up to their $2000.00 limit.
As with all the trust funds in CFPD, once a person sets up a
trust account, the funds are considered an unavailable asset and
do not impact a person’s eligibility for public benefits,
such as Supplemental Security Income or Medicaid. All the rules
for CFPD still apply. These are:
If you know someone who could benefit
from this service, contact CFPD.
