Private retirement savings plans, like IRAs and 401(k)s, have become the main way for American families to save for retirement. But parents of children with special needs need to be vigilant when signing up for a retirement plan or company...
President Obama recently nominated Ari Neeman, a 22-year-old man with autism and the founder of the Autistic Self-Advocacy Network to serve on the National Council on Disability. However, the Senate has placed a hold on Mr. Ne'eman's nomination due...
Parents of children with special needs often want to direct required distributions from IRAs following their deaths into a special needs trust (SNT) for the child. But if the trust is not set up properly, the income tax consequences...
When retirement looms, many military families with children with special needs face a decision about whether or not to choose the Survivor Benefit Plan (SBP) retirement option. Receipt of SBP payments could jeopardize the child's eligibility for SSI and Medicaid.
Beneficiaries of a special needs trust can still qualify for federal housing assistance programs like Section 8, but careful planning is required to avoid having benefits reduced or eliminated.
The nation's elderly and disabled Social Security recipients will receive a 1.7 percent increase in payments in 2013. The increase is less than half of last year's 3.6 percent cost-of-living adjustment (COLA).
The special economic stimulus payments authorized by Congress in February will not affect the benefits of persons receiving Supplemental Security Income (SSI) or other federal benefits.
While creating a financial plan and establishing a specialized trust are central to preparing for your child's future, planners also advise families to write down their intentions and expectations in a special document.
