Should an SSI Recipient Refuse an Inheritance?

Supplemental Security Income (SSI) beneficiaries must comply with very stringent income and asset rules to receive benefits. One such rule is the resource allowance limit: A single SSI beneficiary may have only $2,000 of countable resources (for a couple, $3,000)....

ABLE Account Age Adjustment a Bright Spot in Omnibus Passage

The Senate and House have cleared the passage of a year-end $1.7 trillion appropriations bill that will affect people with disabilities on several fronts. The bill, which runs more than 4,000 pages and includes a wide variety of legislation, heads to President Biden...

What Is IRMAA, and How Does It Affect My Medicare Premiums?

As we near retirement, we may assume that once Medicare kicks in, our medical insurance premiums will be fixed. However, many people may not realize that there are special rules regarding how much they pay for Medicare Parts B and D if they are in a higher income...

Medicare Part B: Coverage Outside of a Hospital

Medicare Part B is federal health insurance for the medical needs of people 65 and older and individuals with certain qualifying disabilities. Generally encompassing outpatient medical care, Part B coverage includes medically necessary doctor’s services, preventive...