Tag Archives: supplemental security income
3 Common Mistakes When Planning for a Disabled Family Member
There are 58 million Americans five years of age or older that are identified as special needs, making them the largest single minority in this country. The majority of federal and state benefits available to help persons with disabilities are needs-based, meaning income and assets are strictly limited and can often by misinterpreted, resulting in costly… Read More »
How an ABLE Account Helps Those with Special Needs
The Achieving a Better Life Experience (ABLE) Act was signed into law in December of 2014. The purpose of the ABLE Act was to provide individuals and families the ability to finance disability needs tax-free. The savings vehicle provided by the ABLE Act is similar to the 529 education savings plan. The Act allows… Read More »
10 Tips for Using a Special Needs Trust to Protect Your Child
When caring for a child or loved one with special needs, it’s important to understand what resources are available to you, and what steps can be taken to provide quality care and financial security is vital to your dependent’s lifetime needs. Careful planning and a properly executed special needs trust can protect your loved… Read More »
