by awarner | Jun 10, 2019 | ABLE Accounts, Government Benefits, Housing, Medicaid, Section 8, special needs planning, Uncategorized
For several years it has been clear that ABLE accounts – a new form of tax-free savings account for certain people with disabilities – would not affect a person’s eligibility for important government benefits like Supplemental Security Income (SSI)...
by awarner | Nov 15, 2018 | Estate Planning, special needs planning, Special Needs Trust, Trust
For many parents, the majority of their savings is held in some kind of a retirement account, often an Individual Retirement Account (IRA). At age 70 1/2, an IRA account holder faces the Required Beginning Date, when he or she must take mandatory distributions from...
by awarner | Oct 30, 2018 | Elder Law, Medicaid, Medicare, SSA, SSI
Social Security payments are set to grow next year, although for some recipients the extra payments will be slightly offset by an increase in Medicare premiums and deductibles. Announced by the Social Security Administration (SSA) on October 11, 2018, and effective...