For adults receiving disability benefits, pursuing a career is often not an option. To receive such benefits, an individual must not be able to engage in "substantial gainful activity." The federal government defines substantial gainful activity as earning more than $1,550 a month (in 2024) through employment.

• Supplemental Security Income (SSI) is a needs-based program that provides financial assistance to individuals with limited income and resources, including adults 65 and older and people with disabilities.

• SSI recipients must report all sources of income, including earned income, unearned income, in-kind support and maintenance, gifts and financial assistance, and other resources. They can do so via several channels, including online, phone, and in person.

• Failure to report income accurately and on time can lead to overpayments, penalties, reduced benefits, or suspension of payments.

• Life care planners play an important role in helping individuals with disabilities, chronic illnesses, or catastrophic injuries navigate their future care needs.

• By providing comprehensive plans that address medical, financial, and personal requirements, these professionals serve as invaluable resources for families, attorneys, and health care providers.

Thanks to recent changes in the tax law, families can now make limited transfers from existing 529 accounts to ABLE accounts with no tax consequences. Families with special needs children may be thinking about rolling existing 529 funds into ABLE accounts.

Persons living with a disability have the right to engage in full-time, part-time work, or self-employment.

In doing so, they should be able to be paid minimum wage and be part of an environment that has both disabled and non-disabled persons working together, with opportunities for advancement for all employees. This concept is referred to as competitive integrated employment (CIE).

Tax season. Just the words can evoke a sense of stress and complexity. But what if it didn't have to be that way? What if you could approach tax time with confidence, knowing you've taken proactive steps to optimize your financial situation?

That's where the powerful partnership between you and your financial planner comes in. We're not just here to help you invest and plan for the future; we're also a crucial resource in navigating the often-intricate world of taxation. By working together on tax planning throughout the year, we can identify opportunities to potentially reduce your tax burden, enhance your investment strategies, and ultimately help you keep more of your hard-earned money.

You work diligently to save and invest for your future. But are you aware that taxes can significantly impact your investment returns? Without a thoughtful, tax-aware approach, a substantial portion of your hard-earned gains could end up going to Uncle Sam.

That's where your partnership with a financial planner becomes invaluable. We're not just focused on growing your portfolio; we're also dedicated to helping you do so in the most tax-efficient way possible. By strategically integrating tax considerations into your investment

To qualify for Supplemental Security Income (SSI), a federal program that provides people with disabilities a monthly stipend, individuals must conform to very strict income and asset limits. Often, SSI beneficiaries who could hold a job opt not to because they worry about losing their benefits if they earn too much. While this is a valid concern, a program known as PASS offers these individuals the opportunity to pursue their professional ambitions while continuing to receive SSI payment.