Month: April 2021
#ABLEtoSave – ABLE Account Eligibility
Explains the requirements for ABLE Account eligibility: when the onset of the disability occurred and the severity of the disability. Describes how one can prove severity of his or her disability meets the standard of ABLE Account eligibility
#ABLEtoSave – History of ABLE Accounts
Explains how and why the Stephen Beck, Jr. ABLE Act came to be enacted in 2014
#ABLEtoSave – Finding and Enrolling in an ABLE Account
Lists factors to consider when shopping around for ABLE programs online
#ABLEtoSave – ABLE Account Investment Options
Gives a general overview on how investment options work under ABLE Accounts
Understanding ABLE
Gives a comprehensive look at the ABLE Program: What is the ABLE Program, why the ABLE program is needed, terms of eligibility, contribution limits, qualified expenses, etc.
Disability Benefits for NH Students #8: Plan to Achieve Self Support (PASS)
Explains how a Plan to Achieve Self Support (PASS) allows a student with disabilities to save up for an employment goal (i.e. paying for education, paying for vocational training, starting a business) without impacting current Social Security benefits (i.e. SSI and Medicaid). Goes into detail about creating and using a PASS
Disability Benefits Info for NH Families #9: Plan to Achieve Self Support (PASS)
Explains how a Plan to Achieve Self Support (PASS) allows a student with disabilities to save up for an employment goal (i.e. paying for education, paying for vocational training, starting a business) without impacting current Social Security benefits (i.e. SSI and Medicaid). Goes into detail about creating and using a PASS. Includes sections about rules involving Social Security Disability Insurance (SSDI).
529 College Savings Plan – Info, Advantages, Disadvantages and Rules
Explains what kind of program it is, how it is used, and who is eligible. Where this money goes and how it is used by universities. Discuses how it can be transfered in the family and who can use it. States the penalties if not used for proper use.
Picking the Right 529 Plan
Quick introduction, that gives a overview of the plan. Discuses the best approach to find the most suitable plan, the state’s deduction, and how you can move your plan around.
Student Loan Forgiveness: Can The US Erase Student Debt?
Discusses the issues we face with student loans. What are the comparison to is of the federal government loaning money for other things. The issues that are causing student loans and the effect it has on the ecnomony and people. Erasing student loans would not be a stimulas to the economy. Therefore, the government needs to find a better way to go around this. Also discuses how other countries approach student loan debt.