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Special Needs Planning Newsletter
March 2025

Courtesy of Belvedere Wealth Partners

Should 529 Funds Be Transferred to an ABLE Account?

Should 529 Funds Be Transferred to an ABLE Account?

Due to recent tax law changes, families with special needs children may be thinking about rolling existing 529 funds into ABLE accounts. But before you do, make sure you understand how these two accounts work and how they differ.

How Life Care Planners Help Individuals With Disabilities

How Life Care Planners Help Individuals With Disabilities

Life care planners play an important role in helping individuals with disabilities, chronic illnesses, or catastrophic injuries navigate their future care needs.

How to Report Income for SSI Benefits

How to Report Income for SSI Benefits

Because Supplemental Security Income (SSI) eligibility and benefit amounts depend on financial need, recipients must report all sources of income to the SSA.

Helpful Tax Filing Tips for Individuals With Disabilities

Helpful Tax Filing Tips for Individuals With Disabilities

Filing taxes can be time-consuming and complicated, but there are some available resources, benefits, and tax credits that can help individuals with disabilities lower their tax liability and boost their savings.

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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.