What is a supplemental security income (SSI) trust?
A supplemental security income (SSI) trust is a trust established by the state of North Dakota to provide benefits for individuals who have a disability or are blind and who are unable to earn a sufficient income to cover their basic living expenses. The purpose of the trust is to provide financial assistance to eligible individuals who would otherwise not be able to support themselves. The SSI trust is funded by federal and state funds and is managed by a trustee appointed by the state. The amount of funding provided by the trust and the type of services available depends on the individual’s specific situation. Generally, the trust provides a monthly allowance to cover basic living expenses, such as food and clothing. It can also provide money for medical care, prostheses, and other necessary treatment for a disability. In North Dakota, the SSI trust is administered by the Department of Human Services and is part of the state’s disability planning law. The department is responsible for reviewing applications from individuals who wish to receive SSI benefits and determining their eligibility. In addition, the department is also responsible for establishing the parameters of the trust, setting limits on the amount of assistance an individual can receive, and monitoring how the funds are used. The SSI trust is meant to provide a safety net for individuals who are unable to support themselves due to a disability or blindness. By providing a reliable source of income, the SSI trust helps ensure that individuals with disabilities can meet their basic needs and live with as much dignity and independence as possible.
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