For tax year 2021, the IRS is expanding eligibility for the earned income tax credit (EITC), an important antipoverty measure that assists those with low-incomes. One key impact of these changes is that more people
Depending on which statistics you believe, between 40 and 50 percent of first marriages will end in divorce or permanent separation, and second marriages fare even worse. While there is no such thing as a
Starting this month, you will see increases in your social security checks. The cost-of-living adjustment in 2022 will be 5.9%, according to the Social Security Administration. The bump, which will help beneficiaries keep up with
Estate Plans (that is, parents’ wills and trusts) are the foundation of a good Special Needs plan. Perhaps you prepared your documents decades ago, or have had significant changes since that should be incorporated. to
As you reach milestones in your family’s special needs journey, it’s important to review your Special Needs Plan each year. By proactively monitoring and updating your Special Needs Plan and task list, you won’t miss
Katie Clancy was honored to be a part of this panel discussion about how to plan legally and financially for children and adults with disabilities, sponsored by PediaTrust.
Parents of a child with special needs know that they must plan for the child’s care and support way into the future. This is especially so if the individual is unlikely ever to be able
Among the challenges of raising a child with special needs is figuring out how to provide for that child once you’re gone. If the child will never be able to earn a living, how can
Just before the end of 2019, Congress passed and the President signed a spending bill that includes significant changes to retirement savings accounts. Known as the Setting Every Community Up for Retirement Enhancement (SECURE) Act,
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