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...
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.
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...
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.
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,...
A bill recently introduced in the U.S. House of Representatives would finally allow military retirees to name special needs trusts as beneficiaries of Survivor Benefit Plans, a change that could dramatically improve the lives of military children with disabilities.
People who receive certain government benefits may be penalized for getting married and living with their spouses. Here's how.
The Social Security Administration (SSA) has temporarily stopped sending repayment notices to some Supplemental Security Income (SSI) beneficiaries after two same-sex married couples filed a lawsuit to prevent the agency from recouping SSI benefits that they were overpaid because the...
Can a special needs trust pay for the beneficiary's doctor-prescribed special diet?...
