Howard County Resource Guide 2018

w w w. h ow a r d c o u n t y md . go v / a g i n g 13 PROGRAM NAME MONTHLY INCOME ELIGIBILITY GUIDELINES ANNUAL ASSET ELIGIBILITY GUIDELINES PROGRAM DESCRIPTIONS AND NOTES 2018 State of Maryland Renters’ Tax Credit Program Plan is based on relationship between rent and income. Net worth is less than $200,000 Provides tax credit up to $750 a year for renters who meet certain requirements on rent paid in calendar year 2017. For persons age 60 and over, persons who are 100% disabled or persons under age 60 (the latter not in subsidized housing with dependent(s) under age 18 living with you). Apply no later than September 1, 2018. For application, call 800-944-7403 or see www.dat.state.md.us . Howard County, Maryland Senior Tax Credit Combined gross income less than $81,200 yearly Your Net Worth (excluding the value of your home, but including the value of qualified retirement plans and individual retirement accounts) does not exceed $500,000 Available to residential real property that is owned by and used as the principal residence of an individual who is at least 65 years of age. Apply no later than September 1, 2018. Call 410-313-4076 for more information and application. Livable Homes Tax Credit No test Credit for making accessibility adaptations to your home. Can claim up to half the cost per year (max $2,500) and must have prior approval from Dept. of Licensing and Permits. Maryland Senior Prescription Drug Assistance Program (SPDAP) For persons enrolled in a Medicare Prescription or Medicare Advantage Prescription Drug plan AND have a household income from 136% to 300% of federal poverty guidelines, SPDAP pays up to $35 per month toward the cost of the premium for their chosen plan. This does not apply to individuals who are 100% Low Income Subsidy or eligible for full federal EXTRA HELP as determined by the Social Security Administration. Proof of 6 months MD residency is required. Qualified applicants whose drug costs exceed $2,840 in 2011 will only have to pay 5% of the cost of their drugs during the coverage gap or doughnut hole” and SPDAP will pay the remaining 95% of the drug costs. Only certain Medicare Prescription Drug Plans are participating in the coverage gap subsidy. Not all plans will provide this subsidy. Applications for SPDAP are available through the Maryland Senior Prescription Drug Assistance Program at 1-800-551-5995 or at www.marylandspdap.com Individual $3,015 No test Couple $4,060 No test Medicare Prescription Drug Coverage (Part D) Extra Help Coverage available for all persons with Medicare. Open Enrollment 10/15/17 – 12/07/17. xtra help available for Medicare beneficiaries with limited income. Assistance may help with cost of premiums, deductibles, co-pays. You will automatically receive EXTRA HELP if you have Medical Assistance, QMB, SLMB, or SSI; no need to apply. Questions, call your local SHIP (Senior Health Insurance Assistance Program) at 410-313-7392, or Social Security at 800-772-1213. Individual $1,528 $13,820 includes $1,500 burial allowance Couple $2,050 $27,600 includes $3,000 burial allowance