Provider Details

Qualified Income Trusts Program

Address: (See Map)

Beneficiary Administrative Action Unit, QIT Unit
PO Box 712
Trenton, NJ 08625

Contact Information:

Phone: (609) 588-3075
Website: Click Here to Visit Our Website

Description:

Qualified Income Trusts (QITs) were established by the Omnibus Budget Reconciliation Act of 1993 and found in the Social Security Act at Section 1917 (d)(4)(B). (42 U.S.C. § 1396p(d)(4)(B)). The State of New Jersey adopted the use of QITs effective December 2014.

When an individual's monthly income above 300% of the Federal Benefit Rate (FBR) is placed in a QIT, it is not counted when determining Medicaid financial eligibility. Applicants that may consider using a QIT must be in need of an institutional level of care and can be living in a nursing facility, an assisted living facility or in their home. Costs of care vary according to these living arrangements.

QITs must meet certain conditions such as:

They must contain only income of the individual;
They must not contain resources such as income from the sale of real or personal property or money from a savings account;
They must be irrevocable;
They must have a trustee to manage administration of the Trust and expenditures from the Trust as set forth in federal and state law;
New Jersey must be the first beneficiary of all remaining funds up to the amount paid for Medicaid benefits upon the death of the Medicaid recipient; and,
Income deposited in the QIT can only be used for the specific Post-eligibility Treatment of Income and to pay for the approved cost of care.

Service Categories

Benefits Screening

Geographic Areas Served

  • Counties Atlantic, Bergen, Burlington, Camden, Cape May, Cumberland, Essex, Gloucester, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Salem, Somerset, Sussex, Union, Warren

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Last Update Date: 12/04/2021

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