Archive for June, 2015

Supporting Persons with Disabilities through the Holidays …

Christmas cookies. Photo credit: chadmagiera http://flic.kr/p/5N2cD8. 2. “It is better to give than to receive” – and many times we think our family member with a disability should only be the recipient of gifts, and not the giver.

ABLE Act savings for disabled – Bankrate.com

A new 529-type savings plan would help disabled individuals put away tax-free money. All it needs now is ... Relatives or friends can make annual contributions to an ABLE account up to the maximum federal tax-free gift limit.

Will Section 529A ABLE Accounts Replace The Need For …

To help ease the challenge for families with special needs children, the recently passed “tax extenders” legislation at the end of 2014 created a new type of account for the supplemental needs of special needs (disabled) beneficiaries. ... However, unlike 529 college savings plans, total contributions in a single year to a 529 ABLE account (from any/all sources and contributors combined) are limited to the annual gift tax exclusion amount (currently $14,000 in 2015).

6 Mother's Day Gifts That Mom Actually Wants

Another gift-giving holiday is upon us, and this time it's Mom's turn to be pampered and showered with attention. However, the perfect gift for her isn't as obvious as the wooden tra.

Surrender at 20: Red Post Collection: Tentative Core AP …

Tentative Core AP Item Pass · Team Up Week: A legendary Mystery Gift upgrade · June 16th Patch Update · Bot Bans Incoming · HUD Update disabled on PBE for now · Xypherous on System Refinement · Fan Artist Feature - ...

How Much Can I Have in Assets and Still Be Eligible for …

Supplemental Security Income (SSI) is a need-based program for people with low income and low assets. Unlike SSI, Social Security disability insurance, or SSDI, is a benefit that people qualify for as a result of contributions paid into the ...

Tax-Free Disability Savings Bill Headed To Obama …

Individuals could deposit up to $14,000 annually under current gift-tax limitations and accrue as much as $100,000 without risking eligibility for Social Security and other government programs. Meanwhile, the bill ensures that ...

What Is SGA (Substantial Gainful Activity) – Disability Secrets

In evaluating whether you are disabled, DDS, the disability determination branch of the Social Security Administration (SSA), will first look to whether you are currently working. If you are working part-time, you won't necessarily be denied disability. ... In deciding whether you are doing SGA, the SSA does not include any income you obtain from non-work sources, such as interest, investments, or gifts. Low earnings, however, don't necessarily establish that you're unable to work.

What if I receive property or income after I apply for Social …

Individuals who have worked enough to be insured for their age (the number of quarters it takes to be insured depend upon an individual's age) will receive a disability benefit if they are found to be medically disabled. Owning or receiving property ... Resources that count toward the limit are bank accounts, cash gifts, retirement plans, stocks, bonds, inheritances, jewelry (except a wedding and engagement ring), and household goods and personal effects over $2,000. If your property is ...

U.S. House Approves Tax-Free Disability Savings Accounts

The ABLE Act would dramatically alter that scenario, allowing people with disabilities to establish special accounts at any financial institution where they could save up to $14,000 annually under current gift-tax limitations.