Resources
We’ve Put Together a
Library of Information
Below you’ll find a selection of informational blog posts about related financial concepts and strategies. This information is updated regularly to reflect the latest facts, figures, legislation, and economic trends.
Search
Categories
Archieves
Lifetime Money Management for Children With Disabilities
Children with disabilities present a unique challenge for parents who are looking to engage in estate planning. For one, you will want to optimize your estate to use, enhance, and enrich assets for your child. At the same time, maintaining their enrollment in public...
A Parent’s Situation Can Shift Child’s SSI to SSDI Benefits
Because of their disability, a person receiving Supplemental Security Income (SSI) may not have worked long enough to qualify for Social Security Disability Insurance (SSDI) benefits on their own work record. Therefore, once they meet the government’s strict physical...
ABLE Accounts in 2024: Save Up to $18,000 Annually
For nearly a decade, people with disabilities have had the option to accumulate savings in a special tax-free account – without risking their means-tested public benefits. In 2024, the annual limit on how much money one can deposit into these savings vehicles, known...
Choosing Trustees for Special Needs Trusts: 5 Considerations
Choosing the right person to serve as trustee of a special needs trust (SNT) is a key task when creating such a trust. It may also prove to be one of the most challenging. Trustees are responsible for the following: managing the day-to-day operations of the SNT,...
SSI Recipients to Get Relief Following Landmark Settlement
The COVID-19 pandemic wreaked havoc worldwide in the realms of health care, education, the economy, and beyond. For seniors and people with disabilities across the U.S. who have limited income, the pandemic also had a particularly devastating impact on their public...
How Gift Cards Could Affect SSI Benefits
Special events like holidays and birthdays often include gift-giving. Gift cards are a convenient and common choice. According to Capital One Shopping, 54 percent of United States consumers buy gift cards as holiday gifts. Supplemental Security Income Benefits Before...
When Children With Disabilities Turn 18, Part I
When your child reaches adolescence, you may realize that radically different benefits will soon replace many services on which your child has long relied. Most of these new benefits will abruptly come into play once your child leaves the public education system,...
Intellectual and Developmental Disability: What Is an IDD?
Intellectual or developmental disability, known as IDD, affects approximately 7.39 million people in the United States, according to a 2019 estimate by the University of Minnesota. Typically present at birth or onsetting in childhood, IDDs adversely impact a person’s...
Is Bipolar Disorder a Disability According to the SSA?
According to the National Institute of Mental Health (NIMH), approximately 4.4 percent of adults experience bipolar disorder during their lives. Individuals with certain disabilities may be able to secure disability benefits through the Social Security Administration...
Transition Plans Support Adolescents With Disabilities
One in five families in the United States care for children with special needs. The United Disability Services Foundation identifies several barriers young adults with disabilities encounter when reaching adulthood. These include such difficulties as finding...