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Post by atlwheelin on Mar 4, 2021 16:46:42 GMT -5
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Post by darthoso on Mar 4, 2021 18:47:32 GMT -5
Assets, not income. Able only protects asset restrictions.
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Post by atlwheelin on Mar 4, 2021 19:23:18 GMT -5
It does allot an extra 12k in work income earned, no? Thanks for clearing that up though. I just opened my account 3 months ago and I’m still trying to figure it out I don’t like that it’s only a prepaid card cause all the delivery apps won’t accept prepaid cards, so I’m just using it strictly as a savings account that I don’t touch Attachments:
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Post by darthoso on Mar 4, 2021 19:58:25 GMT -5
It does allot an extra 12k in work income earned, no? Thanks for clearing that up though. I just opened my account 3 months ago and I’m still trying to figure it out I don’t like that it’s only a prepaid card cause all the delivery apps won’t accept prepaid cards, so I’m just using it strictly as a savings account that I don’t touch The extra money still counts as income, but you're allowed to save it. You should be able to get a debit card for your able account, if not you should work into rolling over your account to a different state.
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Post by matisse on Mar 4, 2021 20:24:23 GMT -5
It's good that ABLE exists, but it's sad and ironic that these programs are ableist themselves. They substantially limit your investment options to make things "simplistic" for us dumb crips. Sure these programs do include mental disabilities, but that's no reason to limit investment options for everyone. It's so annoying, they should just open up the investment options to the extent allowed by law, like similar programs in other areas (e.g., 529s for college).
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Post by atlwheelin on Mar 4, 2021 21:03:55 GMT -5
SSI just simply isn’t enough to survive on independently, so I always try to make the maximum extra $800 a month with freelance work from home, but the system is designed to keep us in poverty. There’s no chance at economical growth without sacrificing all of your benefits that come with a lifelong disability. Not enough people in Congress care enough to bring matters of the kind to the forefront.
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Post by darthoso on Mar 4, 2021 21:14:03 GMT -5
SSI just simply isn’t enough to survive on independently, so I always try to make the maximum extra $800 a month with freelance work from home, but the system is designed to keep us in poverty. There’s no chance at economical growth without sacrificing all of your benefits that come with a lifelong disability. Not enough people in Congress care enough to bring matters of the kind to the forefront. You can earn a very substantial income on SSI 1619b and keep Medicaid.
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Post by darthoso on Mar 4, 2021 21:15:30 GMT -5
It's good that ABLE exists, but it's sad and ironic that these programs are ableist themselves. They substantially limit your investment options to make things "simplistic" for us dumb crips. Sure these programs do include mental disabilities, but that's no reason to limit investment options for everyone. It's so annoying, they should just open up the investment options to the extent allowed by law, like similar programs in other areas (e.g., 529s for college). Wisconsin has their own version of Able where you just give them the name of the bank account and you're done.
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Post by atlwheelin on Mar 4, 2021 21:24:45 GMT -5
SSI just simply isn’t enough to survive on independently, so I always try to make the maximum extra $800 a month with freelance work from home, but the system is designed to keep us in poverty. There’s no chance at economical growth without sacrificing all of your benefits that come with a lifelong disability. Not enough people in Congress care enough to bring matters of the kind to the forefront. You can earn a very substantial income on SSI 1619b and keep Medicaid. .... How would I know what type of SSI I’m on? I’ve never been in control of my medical appointments up until the last year, so I’m learning all this stuff as I go Edit: Upon more research, does this 1619b kick in only after you’ve made more than is allotted or is it something you have to apply for?
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Post by matisse on Mar 4, 2021 23:37:20 GMT -5
It's good that ABLE exists, but it's sad and ironic that these programs are ableist themselves. They substantially limit your investment options to make things "simplistic" for us dumb crips. Sure these programs do include mental disabilities, but that's no reason to limit investment options for everyone. It's so annoying, they should just open up the investment options to the extent allowed by law, like similar programs in other areas (e.g., 529s for college). Wisconsin has their own version of Able where you just give them the name of the bank account and you're done. So you could register with them with an e-trade account and have access to all of the investment options in that account? Holy shit, I am going to point that out to these California turds.
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Post by matisse on Mar 4, 2021 23:45:00 GMT -5
Wisconsin has their own version of Able where you just give them the name of the bank account and you're done. So you could register with them with an e-trade account and have access to all of the investment options in that account? Holy shit, I am going to point that out to these California turds. Looks like they just don't have their own, so you use one from another state. I looked at all of them when deciding, and the highest number of investment options I saw was 8 or so. I chose California because I figured if I had a problem, it would be better to deal with it as a resident. www.revenue.wi.gov/Pages/FAQS/ise-ABLEAccounts.aspx#able4
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Post by Ackrin on Mar 20, 2021 8:33:49 GMT -5
I've been trying to get more info on Able accounts and how it would impact the income/asset limits on my states caregiver/PA program since I'm eligible to make some money via twitch, YouTube, and some other side jobs I found. But actually getting in touch with a live person it verify any info the find online during covid has been hard.
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Post by darthoso on Mar 20, 2021 22:38:03 GMT -5
I've been trying to get more info on Able accounts and how it would impact the income/asset limits on my states caregiver/PA program since I'm eligible to make some money via twitch, YouTube, and some other side jobs I found. But actually getting in touch with a live person it verify any info the find online during covid has been hard. Assets only, not income. Basically any money you put in (within the limits) is hidden.
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Post by atlwheelin on Mar 23, 2021 4:55:10 GMT -5
Yea from what I’m gathering you would still need to not exceed the monthly income limit regardless of your ABLE account status. However, it’s a game changer for assets and contributions
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