Texas ABLE Program Having someone in your life or family who has a disability can often mean disability-related expenses. For some, it can also mean needing additional assistance in order to maintain the individual and family’s personal and collective health, independence, and quality of life. The Texas Achieving a Better…
How the “Achieving a Better Life Experience” Act, known as ABLE, provides a mechanism to create a tax-advantaged savings tool for individuals with disabilities and their families. The benefits for income, health care, food and housing for disabled Americans are awarded based on a resource test, so that individuals who…
There is some kindness in the tax code, especially when it comes to the disabled and their care givers. There are a few tax breaks that are intended to alleviate some of the financial burden. Even when a disabled person is able to work, they or their caregivers must incur…
A dramatic increase in the number of adults with developmental disabilities, coupled with their increasing life spans, presents planning challenges for parents. Special needs families are accustomed to things being more complicated, and retirement planning is no exception. Parents must plan for their own retirement as well as ensure that…