UTMA Accounts: A Problem for Individuals With Disabilities Uniform Transfers to Minors Act (UTMA) accounts are popular, inexpensive tools for gifting assets to children. Grandparents, parents, and other relatives often use them to set aside
Takeaways If you have a disability that prevents you from working, you may choose to apply for Social Security disability benefits. The federal government provides income to individuals with disabilities through two programs: The Social Security
Takeaways What is a Special Needs Trust? A special needs trust (SNT) is a specific legal tool created to manage assets for people with disabilities. Its main goal is to protect the individual’s eligibility for
Takeaways When managed correctly, a special needs trust (SNT) can help a person with a disability cover certain expenses while keeping their Medicaid and Supplemental Security Income (SSI) benefits. Managing an SNT takes knowledge and
Takeaways Is it possible to qualify for Social Security benefits such as Supplemental Security Income (SSI) without a birth certificate? The short answer is yes. However, it may depend on what evidence you are able to provide to the
Takeaways In 2014, the Achieving a Better Life Experience (ABLE) Act established tax-advantaged savings accounts for people with disabilities to cover qualified disability-related expenses. With an ABLE account, eligible people with disabilities can put aside
Takeaways The Challenge of Needs-Based Benefits More than one in three people with disabilities rely on Medicaid, according to the Kaiser Family Foundation. Jointly funded by states and the federal government, Medicaid is a public assistance program that
Takeaways A slight raise in benefits payments is coming in 2026 for Americans who rely on Social Security disability benefits programs such as Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI). Every October, the Social Security Administration
Takeaways The Trump administration has proposed rescinding a Biden-era rule that expanded eligibility for Supplemental Security Income (SSI). Under the proposed rule, hundreds of thousands of SSI recipients, including many disabled adults and children, would have their
Takeaways Autism, also known as autism spectrum disorder (ASD), is a developmental condition that affects how people communicate, behave, and interact with others. Public understanding of autism has evolved significantly in recent years, moving away from outdated
