Extra Income and SSI Eligibility: A Delicate Dance
Supplemental Security Income (SSI) recipients must adhere to very strict rules regarding how much income they can receive in any given month or risk losing benefits.
Supplemental Security Income (SSI) recipients must adhere to very strict rules regarding how much income they can receive in any given month or risk losing benefits.
A California mother recently went to great lengths to obtain an inheritance from her deceased son's special needs trust, but a court decided that her attempt went too far and awarded half of the trust to the woman's ex-husband, even...
"Scoop Essentials: The Dollars And Cents Of Disability", an article published on the Disability Scoop Website features an interview with ASNP Co-Founder, Diedre D. Wachbrit.
President Obama recently signed the American Recovery and Reinvestment Act of 2009, better known as the second economic stimulus plan, into law. Here is a summary of some of the key provisions designed to help people with special needs.
Because access to Supplemental Security Income (SSI) depends on a beneficiary's income and resources, even small increases in income can cause a reduction or loss of SSI benefits. Unfortunately, when an SSI beneficiary's parent is ordered to pay child support,...
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.
Can a special needs trust pay for utilities?...
The financial planning steps a family takes when their child turns 18 establish the foundation for the child's support and well-being for the rest of the child’s life. Therefore, it is essential that parents take extra care when planning for...
A recent Massachusetts case illustrates why trustees of special needs trusts have to be very careful before making distributions for people receiving public benefits.
