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2023 Social Security Updates

The Social Security Administration (SSA) recently announced cost-of-living and other adjustments for 2023.    The maximum Supplemental Security Income (SSI) payment will increase from $841 to $914 per month for eligible individuals. For eligible couples, the maximum...

How to Choose Beneficiaries

A beneficiary is any person, or entity, that will receive an asset after the death of an individual. Beneficiaries are typically named in a specific asset’s beneficiary designation. Bank accounts, life insurance policies, investment accounts, and retirement accounts...

New Missouri Voter ID Law

A new voter ID law is set to go into effect in Missouri for the upcoming November 2022 election. The only acceptable forms of voter ID will be an unexpired Missouri driver's license, a Missouri non-drivers ID, a U.S. passport, a U.S. Military ID, or other federally...

New and Faster Way to Get a Social Security Card

The Social Security Administration recently released a new website that can speed up the process of getting a new Social Security card. In certain cases, the entire process can be completed online with a new card arriving in the mail in 7-10 days. Even if a person’s...

Special Needs Alliance Celebrates 20th Anniversary

The Special Needs Alliance (SNA), a group of special needs attorneys that advocates for people with disabilities and special needs, is celebrating its 20th anniversary this year. The SNA was founded in 2002 and has grown from a ten-person study group to over 150...

Social Security Expansion Act

The newly introduced Social Security Expansion Act, if passed, would increase benefits for current and future recipients while lengthening Social Security’s solvency. Left unchanged, Social Security is currently able to fully pay benefits through 2035. After that, if...

Elder Fraud Awareness Webinars

May 15 is National Senior Fraud Awareness Day. Throughout the month of May, the Elder Justice project will be holding a series of webinars on scams targeting the elderly. The webinars are open to the public, but registration is required. To register, click on the...

Special Needs Trust as IRA Beneficiary

The Special Needs Alliance has published a new article by Lisa Nachmias Davis, CELA, entitled Naming a Special Needs Trust as Beneficiary of Your IRA or Retirement Plan. The article details some of the issues involved in funding a special needs trust for a family...

2022 Aid and Attendance Benefits

The VA recently announced the 2022 benefit rates for their Aid and Attendance program. The 2022 rates are: Single veterans: $2,050 per month/$24,610 per year Married veterans: $2,431 per month/$29,175 per year Surviving spouse: $1,318 per month/$15,816 per year...

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