Strengthens financial stability for individuals in the care of the Department of Children, Youth, and Families.

The bill mandates that the Department of Children, Youth, and Families cannot use benefits, payments, funds, or accruals for reimbursement of care costs for individuals in their care. It requires the department to screen for eligibility for social security benefits, apply for such benefits on behalf of eligible individuals, and provide financial literacy training for youth exiting care. The department must also ensure that funds are placed in savings or investment accounts when they exceed asset limits or the individual's needs.

Strengthens financial stability for individuals in the care of the Department of Children, Youth, and Families.

The bill mandates that the Department of Children, Youth, and Families cannot use benefits, payments, funds, or accruals for reimbursement of care costs for individuals in their care. It requires the department to screen for eligibility for social security benefits, apply for such benefits on behalf of eligible individuals, and provide financial literacy training for youth exiting care. The department must also ensure that funds are placed in savings or investment accounts when they exceed asset limits or the individual's needs.