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.
More states are choosing to expand Medicaid services for people with low-incomes and the Department of Health and Human Services has just released regulations to ensure that people with disabilities will receive the coverage they need from private health insurers.
A recently unveiled whistleblower lawsuit alleges that a prominent Kentucky disability lawyer illegally colluded with a federal disability judge to approve his clients' cases and reap the millions in attorney's fees that came with them.
President Obama has named Henry Claypool, Executive Vice-President of the American Association of People with Disabilities, as a member of the national Commission on Long-Term Care, giving disability advocates a voice on the panel that will recommend changes to the...
If you are taking on the responsibility of serving as the trustee of a special needs trust you will need a "go-to" reference guide that you can refer to. For most trustees, the 2012 version of Managing a Special...
A bill that would allow retired military service members to name special needs trusts as beneficiaries of their Survivor Benefit Plans has been reintroduced in Congress.
In a recent New York case, an institutional trustee has been ordered to pay back a special needs trust almost $180,000 for its failure to make certain that the beneficiary qualified for available public benefits.
Rep. Glenn Thompson (R-Pa.) introduced the Special Needs Trust Fairness Act of 2013, a bill that would allow people with disabilities to create first-party special needs trusts to hold their assets without interfering with their access to Supplemental Security Income...
After only 100 days of deliberations, the National Commission on Long-Term Care has released its recommendations for improving long-term care for people with disabilities and seniors but failed to include virtually any comprehensive suggestions for revising the nation's long-term care...
