What portion of a lawsuit award or settlement can go to the state to reimburse Medicaid? The new congressional budget deal finally clarifies the situation..
In guidance released to state Medicaid agencies, the Trump administration announced January 11 that it would allow states to experiment with creating work requirements.
Although Supplemental Security Income (SSI) recipients are subject to rigid asset limits, the federal government has provided a few avenues for beneficiaries to earn extra income.
While most workers’ compensation benefits are fully tax exempt at the federal, state and local level, this is not always the case where the workers comp’ beneficiary is also [...]
Most special needs trusts give their trustee wide authority, often appropriately so, to respond to unforeseen circumstances. But for those concerned about placing some checks and balances on [...]
A financial planner explains the considerations that must go into calculating how much will adequately fund a special needs trust, and offers a sample budget.
Under the Tax Cuts and Jobs Act, people who students loan debt is discharged due to disability will no longer be taxed on the discharged income, potentially saving them tens of thousands of [...]
Families taking advantage of ABLE savings accounts will have a little more flexibility in planning for special needs as a result of the new Tax Cuts and Jobs Act.
Among the changes in the Tax Cuts and Jobs Act, signed by President Trump on December 22, is a provision that could provide some temporary relief for families with high medical expenses.
