Tag Archives: independence

ABLE Account

Last week, this section included a question about how to financially assist someone so that the person doesn’t lose federal benefits. I suggested creating a “Special Needs Trust.”  A reader reminded me that people can also use an ABLE Account, … Continue reading

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Achieving a Better Life Experience Act

Last week, this section included a question about how to financially assist someone so that the person doesn’t lose federal benefits. I suggested creating a “Special Needs Trust.” A reader reminded me that people can also use an ABLE Account, … Continue reading

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Concerned for the Future

 This is regarding “Concerned for the Future”, the mother concerned for the financial well-being of her mentally and physically disabled son after her death. There are now federal accounts available, similar to 529 plans, for such individuals. An ABLE plan … Continue reading

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Financial Independence

Women are establishing financial independence or equity in their relationships… I have decided to NOT combine finances with my partner in order to have my own financial independence. With this independence, I feel a lot more in control of my … Continue reading

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Marriage

On Her Nearly Seven-Decade Marriage “One reason I was able to stay married to Tom for so long was that I didn’t depend on him to make me happy. We respected the fact that we were both educated; we felt … Continue reading

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