ABLE (Achieving a Better Life Experience) accounts offer people with disabilities a great, tax-free way to accumulate money without jeopardizing their qualifications for Supplemental Security Income (SSI) and other means-tested programs….
The maximum amount that can be contributed each year to an ABLE account for a person with disabilities rose $1,000 to $16,000 on January 1, 2022. The figure, which is…
Special Needs Trusts, also known as Supplemental Needs Trusts, are a tool that allows individuals with disabilities to earn income, accumulate wealth, receive gifts and inheritances, and maintain a quality…
President Biden has signed the $1.9 trillion American Rescue Plan into law. Estate planning lawyers are advising opening an ABLE account as among its benefits are $1,400 checks that are…
People wishing to help someone with special needs save for their future without jeopardizing the recipient’s public benefits can now do so using a Gift of Independence gift card. Funds in these…
