Age of disability for ABLE accounts will increase from 26 to 46. Unused 529 accounts can be rolled into a Roth IRA. Q. I have two children. One is an adult child with an autism spectrum disorder (ASD), and another is a lot … [Read more...]
Print This PageCritter Corner: New Virginia Law Removes Age Cap on Autism Coverage
Dear Magic,Our daughter, Rachael, has Autism Spectrum Disorder (ASD). Since she was a toddler, we have been taking her for every early intervention therapy there is, including Applied Behavioral Analysis (ABA), speech, and … [Read more...]
Print This PageDivision One Cheerleader at Mason is Breaking Barriers
Ann Catherine Heigl (Pic from Indianapolis Times Sentinel)Ann Catherine Heigl, a 19-year-old with Down syndrome, graduated from high school and became a student of George Mason University, through their LIFE program, a … [Read more...]
Print This PageImagine Paying College Tuition for the Rest of Your Life . . .
Q. I recently read an article in CNBC that’s states that, “It can take millions to care for your special needs child.” The article describes how one family needed $3 million to cover the cost of lifetime care for their 23-year-old … [Read more...]
Print This PageCritter Corner: Building a Life Care Plan for a Special Needs Loved One
Dear Magic,Our daughter has special needs. We have money set aside for her in a special needs trust and we have an ABLE account set up. We want to do more to plan for her future. I heard about something called a Life Care … [Read more...]
Print This PageHow is the Virginia ABLE Act Affected by the Tax Overhaul?
Q. My sister Sophie is intellectually disabled, but has a knack for baking. She recently enrolled in cooking school to work towards her dream of becoming a pastry chef. My family has been assisting Sophie with her educational … [Read more...]
Print This PageCritter Corner: An ABLE Account for a Loved One with a Disability
Dear Angel,I have an intellectually disabled daughter, and I’ve seen a lot of information this month from the ABLE National Resource Center through their #ABLEtoSave campaign. I understand that it’s state run, and that … [Read more...]
Print This PageABLEnow is Open for Enrollment in Virginia
Millions of individuals with disabilities and their families depend on a wide variety of public benefits for income, health care, food, and housing assistance. Many of these benefits require meeting a means or resource test that … [Read more...]
Print This PageSetting up an ABLE Account and New Legislation
Q. Our son, Isaiah, has high-functioning Autism Spectrum Disorder, and we are thrilled to say that he was recently accepted into trade school. I heard from a friend at work about the ABLE Act. I don’t know much about it, but I've … [Read more...]
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