My son recently started getting SSI. I heard there is a limit that he can save or he will lose it. What is limit? How do they check his account? Is it monthly or yearly average limit? If his check is due, can his account be just below limit or does it need to be enough below to have room for his check to be deposited without going over? Least question is most important. So difficult to teach saving for next months rent! I hope he can go off one day.
Thanks
ABLE Accounts are savings/investment accounts for people with disabilities and their families. ABLE accounts provide the opportunity to save money and keep needed benefits. The beneficiary of the account owns the account
Research ABLE savings accts.you can save up to $15,000 a year non taxed and not loose benefits. Parents or others can add to the fund. Check it out👍😁
Tracie Helget
18
How old was he when he started getting SSI