Section 529 College Savings Plans can be an excellent investment tool when saving money for a child’s educational expenses. But if the child receives Supplemental Security Income benefits, families should be cautious.
A new audit finds that the government likely overpaid hundreds of millions of dollars to certain SSI beneficiaries. As many as 77,000 beneficiaries may be forced to pay back some or all of their overpayments.
Trustees of special needs trusts generally have wide discretion in determining whether to distribute funds to trust beneficiaries. But if the person with disabilities receives SSI, care should be taken when using trust funds to pay for housing.
President Trump has issued an executive order that could compromise the independence of federal agency judges, most of whom work at the Social Security Administration (SSA). ...
Recently passed legislation offers new tools to better protect Social Security disability beneficiaries from representative payees who abuse their position.
Understanding what benefits might be available to your child or loved one with special needs can be confusing. Childhood disabled beneficiary benefits (CDBs) are a case in point.
Administrator-managed prepaid debit cards offer beneficiaries of special needs trusts greater independence, but up till now such cards existed in a regulatory gray area.
To be eligible for Supplemental Security Income (SSI), an applicant can have no more than $2,000 in assets. However, not all assets count towards the $2,000 limit.
Visitors to Special Needs Answers can now use a directory of state ABLE account programs. ...
