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The Impact Of Government Benefits
When people talk about disability benefits, there is often confusion about Social Security and Supplemental Security Income (SSI). This is understandable because the Social Security Administration (SSA) administers both programs. However, the programs are different.
SSI disability benefits are paid to people who have a disability and who do not have assets valued over $2,000 and/or have a limited income. SSI and Medicaid are very important for people with disabilities in need, as they provide cash benefits as well as important medical coverage and long- term supports and services.
Cash benefits are paid by Social Security to a person with special needs through SSI (Supplemental Security Income), SSA (Social Security Survivor/Retirement Benefits) and/or SSDI (Social Security Disability Income).
Lifetime Cash Benefits between ages 18 and 80 will exceed $1,000,000!
Without proper planning these funds and healthcare benefits may be reduced or lost!
“We had long been putting off making financial arrangements for our family and our 17yr old son with autism. We are very happy to have found Serenitas Special Needs Planning to help us with our wills, powers of attorney, and trusts. We now have a much firmer plan in place for what will happen when we are no longer able to care for our son. We also have a trusted advisor in David to help us understand and navigate what’s coming our way as our son reaches adulthood. ”