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With new changes from the One Big Beautiful Bill Act and the ABLE Age Adjustment Act taking effect over the next few years, ABLE accounts are poised to become even more powerful tools for independence and inclusion.
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SSI and SSDI are both federal programs that provide cash payments to people who meet the federal definition of disabled. But SSI helps people with disabilities with a limited income, and SSDI doesnt care about income.
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A slight raise in benefits payments is coming in 2026 for Americans who rely on Social Security disability benefits programs such as Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI).
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Yes, a person who receives disability benefits can own a car, but there are some considerations to make before a purchase. Learn more about how owning a car affects your access to disability payments.
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ABLE accounts are tax-advantaged savings accounts that people with disabilities can use to cover qualified disability-related expenses.
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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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When an SSI beneficiary finds out that they will receive an inheritance, their first reaction may be to refuse it. But this refusal, also known as a "disclaimer," might worsen things for the beneficiary.
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Some pundits claim that the Trump administration is considering cuts to the Medicaid program that could be detrimental to people with disabilities and other populations.
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While crowdfunding through social media and platforms such as GoFundMe can provide a financial lifeline for individuals with disabilities, it also carries risks, particularly regarding eligibility for means-tested government benefits such as Supplemental Security Income or Medicaid.
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