Video Replay: ABLE Accounts vs. Special Needs Trusts
Can you imagine trying to live on $994 per month?
$994 is the maximum federal Supplemental Security Income benefit an eligible person with disabilities can receive when they turn 18. Caring for a loved one with special needs often requires thoughtful financial planning.
Sound Stewardship’s March video features Wealth Advisors Matt Syverson and Derek Hensley as they compare ABLE Accounts and Special Needs Trusts, and explain how each supports a comprehensive special needs plan.
In just 30 minutes, Matt and Derek cover these key points:
- How to determine if an ABLE Account or Special Needs Trust is best for your situation
- Matt’s personal insights from his family’s journey with his daughter, Lily
- Contribution limits, funding options, and how to choose
➡️ You can watch the full video below, or on our YouTube channel!
