You can not put any of your money in a special needs trust. Anybody
else can, but not you. Joy
Joy C Liebeskind
Coordinator CLRC
CTRespite.org
[log in to unmask]
860-247-2572 or 203-272-9058
Joy C Liebeskind
Coordinator CLRC
CTRespite.org
[log in to unmask]
860-247-2572 or 203-272-9058
On Jan 16, 2007, at 12:00 AM, Tamar Raine wrote:
> if you get on a Plan to Achieve Self Support, with the goal of
> eventually
> getting off ssi, you can save more than 2,000 for things like a van,
> comuter, etc. then when you do get off ssi, you no longer have the
> limit.
> here is another way; have somebody you trust set up a SPECIAL NEEDS
> trust
> fund, put whatever money you can save into the trust fund, then when
> you
> need it, your trustee can get whatever you need out of it. ssi can not
> touch that money. Oh it has rules too; you can't use that money to buy
> groceries or pay rent or gas / electric / trash bills. You can buy a
> home,
> car, vacation, books, music, computer stuff, etc... I don't think
> there
> are limits to how much your trust can have in it.
>
> Mag
>
> [log in to unmask]
> www.cafepress.com/tamarmag
> come see my new designs!
>
>
>> [Original Message]
>> From: Anthony Arnold <[log in to unmask]>
>> To: <[log in to unmask]>
>> Date: 1/15/2007 8:31:00 AM
>> Subject: Saving up for later in life
>>
>> Friends,
>>
>> I don't know how to word this question, but let's say a person has
>> been on
>> assistance all their life and just worked part-time, could they save
>> up
> for
>> their later years of life without being penalized? Is this wishful
>> thinking, or can it happen? I don't know the Dos and Don'ts, but I do
> know
>> you're watched like a hawk unfortunately.
>>
>> Thanks,
>> Anthony
>> www.anthonyarnold.net
>> (I blog)
>>
>>
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