Special Needs Newsletter

September 2020

Courtesy of
Michael Beloff, CFP®, ChSNC®


Consider Putting Recipients’ Pandemic Relief Payments in an ABLE Account

Although the up to $1,200 relief payment does not immediately affect eligibility for means-test programs like Medicaid and SSI, if the money is not spent within 12 months it will count as an asset and could affect
eligibility.

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Disability Advocates Warn Trump’s Payroll Cut Will Play Havoc with Social Security’s Finances

A new executive order from President Trump that would cut half of Social Security’s funding threatens the program’s financial foundation, disability advocates are warning.

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IRS Reopens Portal to Allow Parents to Obtain Additional Stimulus Payments

The Internal Revenue Service (IRS) is temporarily re-opening an online tool to allow families that do not typically file tax returns to claim a $500-per-child coronavirus stimulus payment.

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COVID-19 Has Loosened Some ADA Workplace Protections, So Know Your Rights

As the economy gradually re-opens, employees with disabilities may be particularly vulnerable to workplace discrimination, and should be aware of their rights under the Americans with Disabilities Act (ADA).

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