September 28, 2022 • 31 mins
Quick Tips about Assets & Finances featuring Megan Brand, Executive Director of Colorado Fund for People with Disabilities (CFPD)
– Learn about what counts towards asset limits for families and individuals (3:46)
– Assets that count towards the limit (5:09)
– Assets that don’t count towards the limit (17:01)
– Consequences of going over the Asset Limit (9:50)
– Differences between SSI, Retirement Social Security, SSDI, and SSDI Child Benefit (12:10)
– Find out who is involved in managing an individual’s assets and Representative Payee (18:03)
– Benefits (SSI/SSDI) when a child turns 18 and Charging room & board (21:10)
– Tips and tricks on teaching money management, investments, and financial literacy (24:32)
– What trusts are and how do they differ from ABLE accounts (27:27)
Websites mentioned in the episode: Truelink card: https://www.truelinkfinancial.com/, CO Medicaid website: https://www.healthfirstcolorado.com/
– Learn about what counts towards asset limits for families and individuals (3:46)
– Assets that count towards the limit (5:09)
– Assets that don’t count towards the limit (17:01)
– Consequences of going over the Asset Limit (9:50)
– Differences between SSI, Retirement Social Security, SSDI, and SSDI Child Benefit (12:10)
– Find out who is involved in managing an individual’s assets and Representative Payee (18:03)
– Benefits (SSI/SSDI) when a child turns 18 and Charging room & board (21:10)
– Tips and tricks on teaching money management, investments, and financial literacy (24:32)
– What trusts are and how do they differ from ABLE accounts (27:27)
Websites mentioned in the episode: Truelink card: https://www.truelinkfinancial.com/, CO Medicaid website: https://www.healthfirstcolorado.com/
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