The Achieving a Better Life Experience (ABLE) Act was passed by Congress in 2014. This created tax-advantaged accounts for people with disabilities. Funds can grow tax-free if used for qualifying expenses. Before the ABLE Act, if a person with disabilities…
Disability benefits, such as Supplemental Security Income (SSI) and Medicaid, are only available to people who are extremely poor or who possess properties that are restricted by restrictive trusts. Federal legislation now permits disabled people to set up their own…
In the past, disabled people could only get government benefits like Supplemental Security Income (SSI) or Medicaid if they had very little money, or if their access to property was tightly confined by restrictive trusts. Federal legislation now permits disabled…