For those individuals receiving SSI or Medicaid, the Centers for Medicare and Medicaid Services (CMS) has released its Spousal Impoverishment Standards for 2018.

Minimum Community Spouse Resource Allowance: $24,720

Maximum Community Spouse Resource Allowance: $123,600

Maximum Monthly Maintenance Needs Allowance: $3,090

The minimum monthly maintenance needs allowance for the lower 48 states remains $2,030 ($2,536.25 for Alaska and $2,333.75 for Hawaii) until July 1, 2018.

Home Equity Limits:

Minimum: $572,000

Maximum: $858,000

Income cap Limit  $2,250

For CMS’s complete chart of the 2018 SSI and Spousal Impoverishment Standards, see the below link.

https://www.medicaid.gov/medicaid/eligibility/downloads/spousal-impoverishment/ssi-and-spousal-impoverishment-standards.pdf

Call 856 770 2744 or complete the Contact us form