Courtesy ofMichael Beloff, CFP®, ChSNC®
The maximum amount that can be contributed each year to an ABLE account for a person with disabilities just rose $1,000 to $16,000. The figure had been stuck at $15,000 since 2018.
After being off-limits to most members of the public since March 2020, Social Security Administration (SSA) offices are set to reopen on March 30, 2022, barring an unexpected snag or sudden change in the pandemic's trajectory.
While there is no such thing as a "typical" divorce, a divorcing couple that has a child with special needs faces even more complicated issues than most, such as the impact of child support payments on the child's eligibility for SSI.
In a groundbreaking move that could have repercussions in certain other states, California is the first state to phase out the requirement that people impoverish themselves before becoming eligible for Medicaid.