Important Numbers from the Massachusetts Chapter of the National Association of Elder Law Attorneys
Key Dollar Figures and Interest Rates for 2015
Minimum Monthly Maintenance Needs Allowance (MMMNA) $1,966.25
$1,991.25 as of 7/1/15
Maximum Monthly Maintenance Needs Allowance$2,980.50
Maximum Community Spouse Resource Allowance$119,220
Transfer Divisor (per day)$310
(as of 1/1/15)
Transfer Divisor (per 30-day month)$9,300
Resource Allowance for Individual$2,000
Resource Allowance for Community Married Couple$3,000
Monthly Personal Needs Allowance$72.80
Base Monthly Shelter Allowance$1,891
Standard Shelter Expense$581.63
Base Allowance (difference between Base Monthly and Excess Shelter Allowance)$1,339
(heat included in Community Spouse rent)
Utility Allowance (Community Spouse pays for heat)$611
Medicare Part B Standard Monthly Premium$104.90
*Note: Individuals with income exceeding $85,000 pay a higher Part B premium based on income reported on their most recently filed federal income-tax return. For more information, see Social Security's publication, Medicare Premiums: Rules For Higher-Income Beneficiaries.
Home Equity Limit (maximum)$828,000
Bank Rate Monitor Index
Page last updated May 1, 2015
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