Stuff in the ‘SSI’ Category

IRS Regulations ABLE Accounts

IRS Issues Final Regulations for ABLE Accounts

The Internal Revenue Service (IRS) has issued final regulations covering tax-free savings accounts that allow people with disabilities and their families to save and pay for disability-related expenses without jeopardizing eligibility for Medicaid, Supplemental Security Income (SSI) and other government benefits. Passed by Congress in December 2014, the Achieving a Better Life Experience (ABLE) Act  allows families […]READ POST »

Representative Payee: Not a Job to Be Taken Lightly

The Social Security Administration (SSA) manages the two largest government benefit programs for people with special needs, Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). Many of the people with special needs who receive these benefits are qualified to manage their own money and can make other financial decisions for themselves. The SSA […]READ POST »

Missouri ABLE Account