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WCI #317: Financial Planning for a Child with a Disability

White Coat Investor Podcast

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Navigating Financial Planning for Disabilities

This chapter explores the intricacies of ABLE accounts and their role in supporting families with disabled children under the Achieving a Better Life Experience Act. It emphasizes key financial planning steps, including the significance of Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI), while addressing common misconceptions and the importance of specialized assistance. The discussion highlights the long-term benefits of strategic planning, including tax advantages and the implications for financial security in the future.

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