In 2015, the ABLE Act was passed to give people with disabilities the ability to supplement benefits such as Supplemental Security Income (SSI), Supplemental Security Disability Income (SSDI), and Medicaid by placing money into an ABLE account in order to maintain his or her lifestyle. More importantly, funds in an ABLE account do not affect Medicaid, SSI, SSDI, or other government benefits.
An ABLE account may be established by the disabled individual themselves or by a parent, guardian, or agent of the disabled individual. Once an ABLE account is created, the disabled person will be the beneficiary of all funds in the account and it may be funded by anyone who wishes to contribute.
Continue reading “ABLE Accounts Won’t Affect Your Medicaid Eligibility”
Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are both supplemental income programs that are used to help the disabled, elderly, and blind. The main difference between SSDI and SSI is that SSI is a means-based program, whereas SSDI is an entitlement program. SSDI is only available to people who have worked long enough to accumulate work credits. SSI is available to people who have not earned enough work credits and can show that they financially need the support. Both SSI and SSDI are administered by the Social Security Administration, but they have entirely different financial requirements. Continue reading “Social Security Disability Insurance vs. Supplemental Security Income”
There are a number of reasons why a Social Security Disability (SSD) application can be denied, including earning above the annual income threshold, the severity of the disability and the amount of time the individual will be disabled, refusal to operate or communicate with the Social Security Administration (SSA) or Disability Determination Services (DDS), failure to follow a doctor’s prescribed therapy if he or she is able to do so, conviction of a crime or fraud, among other circumstances. Continue reading “What Do I Do if My New York Social Security Disability Application Was Denied?”