Written By: Lelia Wardwell Mander Trusts are important vehicles in special needs planning. They not only set aside funds to pay for the care of the person with special needs while maintaining eligibility for programs like Medicaid, but they provide ways to preserve...
Shopping online has become a literal lifeline during the COVID-19 pandemic for many at-risk individuals. But for millions of people on the Supplemental Nutrition Assistance Program (SNAP) who are currently unable to enter grocery stores, online shopping is not an...
Not everyone will get the relief payment the federal government is sending to help Americans through the economic hard times triggered by the coronavirus pandemic. Among those left out are seniors and adults with special needs who are claimed as dependents. The...
Speaking at the 2020 ASNP Annual Meeting, ASNP member Melanie Marmion discussed how the SECURE Act’s new rules regarding retirement accounts are “a game changer” for special needs planning. In her presentation, “SECURE Act and Special Needs Planning: The Latest...
Retirement account owners, many of whose retirement balances have been pummeled by a stock market drop due to the coronavirus pandemic, do not have to take mandatory withdrawals this year. Federal law requires individuals who were age 70 1/2 before the end of 2019 to...
The COVID-19 pandemic has sent unemployment to its highest levels since the Great Depression, and older workers have been particularly hard hit, with one in five over age 55 now out of work, according to one estimate. Many people continue to work beyond retirement...
The closure of Social Security offices has caused problems and worries for recently unemployed seniors who need to apply for Medicare after losing their employer coverage. In response, the federal government has announced that seniors affected by the crisis have...
Written By: Andy Jones As the economic devastation from the coronavirus pandemic continues to mount, new research suggests that many Supplemental Security Income (SSI) recipients will turn to payday loans to meet basic living expenses, much to the distress of consumer...
An esteemed panel made the case for special needs planning that goes beyond standard approaches in a 2020 ASNP Annual Meeting session, “Advanced Strategies for Enhancing Person with Disabilities’ Quality of Life.” The father-son duo of ASNP Advisory Board...
The federal coronavirus relief bill has sent direct emergency payments to some 150 million Americans in the wake of the pandemic. Among the recipients are possibly millions of deceased individuals, raising questions about what their survivors should do with the money....
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