Due to recent tax law changes, families with special needs children may be thinking about rolling existing 529 funds into ABLE accounts. But before you do, make sure you understand how these two accounts work and how they differ.
In California, the nation’s largest utility company is taking unprecedented fire-prevention measures that mean people with disabilities may no longer be able to rely on continuous access to electricity.
Many people are getting ready to make gifts to family members, but gifts of cash or certain types of gift cards can compromise the eligibility for government benefits of a family member with special needs.
The amount of money that Supplemental Security Income (SSI) recipients can have without losing benefits has been frozen at $2,000 since 1989. New legislation would increase that limit and make other changes.
California, New York, and other state and city governments are enacting legislation to combat discrimination by landlords against people who pay rent with Section 8 vouchers, including many people with disabilities.
Among the many challenges for families is making sure there will always be enough money to provide lifetime care for special needs children. One solution is to fund a special needs trust with life insurance.