Special needs trustees turn to the True Link Protection Prepaid Visa® Card for a simpler way to disburse funds and help protect benefits.
You work tirelessly to support the financial security and well-being of your beneficiaries. Streamline your administrative systems and provide more client-friendly service to individual trust and pooled trust beneficiaries with the True Link Protection Prepaid Visa Card. You can customize where the card works to meet the specific needs of each beneficiary.
You can transfer, disburse, and monitor funds online for each beneficiary. Choose to prevent all access to cash, block prohibited categories of spending, or restrict card use at specific merchants – all while allowing your beneficiaries to safely purchase what they need.
†100% of surveyed customers identified the sign-up process as "easy."
It’s easy to customize where the True Link Card works to meet the specific needs of each client. Worried about someone losing money to scams or predatory telemarketers? Customize the True Link Card to prevent over-the-phone spending, disable wire transfers, block specific merchants, or limit ATM withdrawals – all while allowing the cardholder to purchase what they need, when they need it.
With this administrator-managed card, approve expenses like groceries, medications, and social activities while restricting unapproved or dangerous expenditures. Or – for clients receiving SSI benefits – you can set up the card to block food purchases in order to protect eligibility.
With our user-friendly online dashboard, it's easy to customize the card and view purchases.
Need help with budgeting?
Limit funds available and set a transaction limit.
Want a card just for the essentials?
Allow only gas, clothes, and pharmacies – and nothing else.
Have specific stores in mind?
Set up the card to work only at merchants you select.
Want to see where and when purchases were made?
Block ATMS, cash back at merchants, and bank withdrawals.
Reduce or eliminate hours spent processing third-party vendor payments or waiting for late credit card statements from family members. With True Link, you provide individual trust and pooled trust beneficiaries with a reloadable card you fund from your desk. Add money onto the card by transferring funds from a linked checking account or other source. Schedule recurring transfers for preauthorized expenses or make a one-time transfer.
You can save time and reduce administrative headaches while your beneficiaries enjoy quicker and more reliable access to funds, as well as the sense of independence that comes from being able to make purchases for themselves.
We also offer wealth management and complete back-office software services. Learn more about True Link Trust Solutions.*
You can set up the True Link Card to prevent or limit cash withdrawals so your clients are only able to spend funds that you approve. There is no way for clients to transfer money onto the card or gain access to any additional funds. Because it is a Visa card printed with the client’s name, the card cannot be transferred or sold.
Ever wanted to give special needs trust beneficiaries the independence and flexibility to make their own purchases? Now you can.
The True Link Card can be used by your special needs trust beneficiaries who receive Social Security Income, as long as the card is set up according to the guidelines in the POMS.*
The True Link Card is an administrator-managed prepaid card, meaning it’s a POMS*-approved method of funds disbursement. Your beneficiaries can confidently use a True Link Card owned by you with spending restrictions administered by you to allow only those expenses that don’t count as cash, food, or shelter. Purchases attempted at merchants or in categories you block will be denied.
In fact, because of the unique customization options we offer our customers, the Social Security Administration has clarified that True Link Cards provided by a trustee to SNT beneficiaries are not countable as income or a resource and are consistent with the POMS.
* The POMS, or the Program Operations Manual System, is the federal administrative rules used by Social Security Administration employees to evaluate claims for Social Security benefits.
You can do it all online or over the phone with the help of a True Link Special Needs Trust Program Manager.
“As a fiduciary office, we deal with so many different vendors. It’s great to work with people who really understand our business. You guys are just so great.”
“I feel like I have my own dedicated representatives for our company at True Link. You always respond promptly and go out of your way to make things easy for us.”
“True Link is the efficient and quick way to distribute petty cash to clients. I can always access the accounts online.”