Financial Planning Articles


Special Needs Planning and Retirement Benefits

Retirement accounts like 401(k)s and IRAs make up the majority of most people's savings.

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5 Issues to Consider When Creating a Special Needs Trust

Here are some of the questions you will need to consider in guiding your attorney to create a special needs trust.

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Choosing an Investment Adviser for a Special Needs Trust

In many cases, the trustee of a special needs trust should hire a professional investment adviser.

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College Savings for Students With Special Needs

When a child with special needs is setting aside money for college, a 529 Plan may not be the best option.

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Qualified Disability Trusts Can Offer Tax Savings

Some special needs trusts may be eligible for considerable tax savings.Here's how.

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Credit Card Care for People with Special Needs

Credit cards offer a way for the trustee of a special needs trust to avoid giving a beneficiary cash while at the same time not serving as the beneficiary's designated shopper.

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Special Needs Trusts and Financial Aid: What Should Applicants Do?

When you add a special needs trust to a financial aid calculation, things can get complicated because the regulations governing federal financial aid don't do a very good job of distinguishing special needs trusts from other types of trusts.

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If You Have a Disability, You May Be Able to Avoid IRA Early Withdrawal Penalties

The early withdrawal penalty has been very effective at forcing retirement plan owners to keep money in their retirement accounts, but if a retirement account owner becomes disabled, the IRS will waive the 10 percent early withdrawal penalty.

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