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Special Needs Planning Newsletter

July 2024

Courtesy of
Belvedere Wealth Partners


An Uncertain Future: Money Follows the Person (MFP) Program

Since it was established in 2005, the Medicaid Money Follows the Person (MFP) Program has given people with disabilities the choice between living in a long-term care facility or receiving care in their home or a community-based setting.

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I'm on SSDI. Can I Work and Keep My Disability Benefits?

The Social Security Administration offers several programs to encourage disability benefits recipients to hold a job.

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What Assets Count When Applying for SSI?

To be eligible for Supplemental Security Income (SSI), an applicant can have no more than $2,000 in assets. However, not all assets count towards the $2,000 limit.

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Impairment-Related Work Expenses and Disability Benefits

SSDI and SSI both allow working beneficiaries to deduct certain work-related expenses from their countable income, making it easier to qualify for benefits or, in the case of SSI, get a larger benefit.

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The opinions voiced in these articles are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies may be suitable for you, consult the appropriate qualified professional prior to making a decision. This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.