The Trump Policy Analysis Group (TPAG)  has convened to consider probable changes in law that will affect older Americans and those with special needs. Initial TPAG focus is on entitlements, public benefits, tax, special needs planning, and veterans’ benefits. We used a three-fold analysis: stated policy (declared Trump policies and those of the Republican Congressional… Read More »
Posts Categorized: Social Security Disability
Unless you have a crystal ball, it’s impossible to predict what the future holds. Should you become unable to make your own decisions, it is imperative to appoint someone to take care of your affairs and make healthcare decisions on your behalf. Additionally, in order to ensure that your assets are passed on to your… Read More »
Kelly is 24 years old. She is on the autism spectrum and is receiving SSI. She is doing her best to be independent, but the monthly stipend is limited and it is difficult to live on her own with minimal funds. What is her best option to keep her benefits and have the means to… Read More »
This article is written by Crysti Farra, Esq., a guest author for the Russo Law Group P.C. blog. Social Security, as a program, began in 1935; however, it took more than 20 years before Social Security Disability Insurance (SSDI) was added under the Eisenhower administration. Even still, those in the population who were younger than 55,… Read More »
Social Security is a retirement benefit for individuals who are working and contributing to the social security system. However, it also has a benefit for disabled workers and disabled individuals. Supplemental Security Disability Social Security Disability (SSD) is a plan that functions under the Social Security umbrella. If you’ve contributed to the Social Security system,… Read More »
Our practice produces many important documents for elderly clients. Clients may forget where these documents are located within their home, lose track of the documents’ location over the course of a move, or may pass on without sharing the actual documents (or their location) with their children, executor, or guardian. There are a few smartphone… Read More »
Caring for a child with special needs requires many resources, one of which may be Social Security Disability Insurance (SSDI). When a parent of a child with special needs retires and begins receiving Social Security retirement benefits, the child may qualify for SSDI. A lesser known provision in the Social Security regulation allows the spouse… Read More »
Many people that I meet have either heard of or think they know something about Medicaid’s 5-year lookback rule, but most people do not know exactly what it means. For example, they may not realize that there are certain transfers (gifts) during that 5-year period that don’t have any impact on Medicaid eligibility. These are… Read More »
No matter how much we try to focus on taking things day by day, the uncertainty of the future always seems to linger in the back of our minds. We worry about things like: If I get hurt and can no longer work, how much will I receive in Social Security Disability? Once I decide to… Read More »
When speaking with clients about the complicated Medicaid rules, availability, and exceptions, they often reply something like, “Wow, there’s so much to know.” Clients come to us because we know the rules, and more importantly, we know the exceptions.
We’re heading into the 2016 tax season. By the beginning or middle of February, you should have received all your tax statements, which might include: A W-2 from an employer; A 1099 statement from a bank or brokerage account; An SSA-1099 from the Social Security Administration; A 1099-R from a retirement investment; and A schedule… Read More »
Thanks to a recent budget deal, Congress has effectively killed two popular Social Security claiming strategies known as File and Suspend and Restricted Application.
The New York State Assembly and Senate recently passed Achieving a Better Life Experience (ABLE) legislation that will allow families the opportunity to set up tax-free 529A savings accounts for disability-related expenses. The legislation is currently awaiting Governor Andrew Cuomo’s approval. The bill follows upon enactment by the federal government of the Stephen Beck, Jr.,… Read More »
The brave men and women in our military not only deserve our gratitude for their service, but also all the care we can provide. This means providing them with the appropriate benefits should they become disabled during service. When many people think of benefits owed to our veterans they think of medical treatment, but this… Read More »