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Financial Capability Training - Shared screen
NPoiencot
34:46
patricia I saw the same information
NPoiencot
48:29
sort of
Brian Ingram
48:30
I am
Kim Falgoust
48:37
kind of
PVets
48:43
I know some
NPoiencot
48:45
is it the same as pass plan
PVets
48:53
no
Angela Roberson-King
49:15
Not familiar with ABLE accounts
shayes1
49:20
I am not familiar with ABLE. Loo forward to learning about it...
Cynthia Bennett
49:30
not familiar
Shelly Hebert
49:38
They are or aren't allowed to have both plans at the same time?
Doug Keast
50:07
They are!
PVets
50:24
If someone works enough to transition into SSDI from SSI would their ABLE account hurt them?
Doug Keast
52:15
Good Question - let's ask Nancy!
PVets
58:21
https://www.able.osfa.la.gov/
NPoiencot
01:03:17
2000
NPoiencot
01:05:03
ABLE accounts can be established through their own bank or through SSA
NPoiencot
01:05:05
?
Doug Keast
01:05:53
Check out the link that Patricia posted, Nicole - this is where people can go to set up an ABLE account
NPoiencot
01:06:04
perfect
Doug Keast
01:06:15
There are other ABLE providers that operate nationally as well
NPoiencot
01:07:51
Patricia great website thanks
PVets
01:08:04
:)
shayes1
01:12:39
1973...….Average family income: $12,900 Average monthly rent: $175....Average cost of House $32,500....Inflation rate 6.16%
NPoiencot
01:14:55
why will they not increase it to account for inflation
Doug Keast
01:15:41
I think we can only speculate here, Nicole, but that is a good question!
NPoiencot
01:16:08
Just wondering
NPoiencot
01:16:23
yes
NPoiencot
01:16:32
will get medicaid
PVets
01:16:33
purchase it
NPoiencot
01:17:07
I thought the limit was $30,000
NPoiencot
01:17:14
and still get medicaid
Angela Roberson-King
01:17:21
Does marital status matter?
PVets
01:18:04
I don't know the cap but spouses income is looked at too.
Brenda Bohrer
01:19:10
Qualifications this is what is was several years ago –must meet all qualificationsWere eligible for an SSI cash payment for at least 1 month;Would be eligible for cash payment except for earnings;Still be disabled;Still meet all other eligibility rules, including the resources test;Need Medicaid in order to work; andHave gross earned income that is insufficient to replace SSI, Medicaid, and any publicly funded attendant care.
shayes1
01:23:14
I am not sure if I missed this during discussions but would your ABLE Account have to be included as Income when filing tax return?
Angela Roberson-King
01:23:56
What documentation would the person need to confirm that their savings is deposited into an ABLE account?
shayes1
01:25:46
Ok...Thank you.
shayes1
01:28:37
If expenses of medication(s) are related to their diagnosed disability(ies), an individual can have their Pharmacy print out of their prescriptions for the year or timeframe they may need as supporting documentation.
NPoiencot
01:31:55
thank you
shayes1
01:50:16
https://ldh.la.gov/index.cfm/subhome/1...Medicaid Department of Health State of Louisiana....this Website with links for different topics
PVets
01:57:10
?
shayes1
01:57:24
I am sorry but I have not...
Meredith Beauregard
01:57:38
we do
shayes1
01:58:13
Ok..Customized Employment
Christine Vo
01:58:13
shelly I think paycheck is trying
PVets
02:00:30
thank you.
Doug Keast
02:00:59
http://www.leadcenter.org/
Cynthia Young
02:05:41
I agree Nancy
Cynthia Young
02:06:08
You have my vote Nancy lol
Angela Roberson-King
02:06:40
Exactly what I was thinking!
shayes1
02:12:40
$27,770 total of both 15,000 and 12,770....
Doug Keast
02:13:00
$27,760
Brian Ingram
02:13:30
me too Nancy
Doug Keast
02:13:48
15,000 + 12,760 for those that are working and don't have an employer supported retirement plan
Meredith Beauregard
02:15:01
Thank you Nancy! Happy Easter
NPoiencot
02:15:04
Great information!
Meredith Beauregard
02:15:19
yes, I'm laughing as well!
PVets
02:15:20
Loved it. Happy Easter!
shayes1
02:15:29
I have had individuals tell me that their family does not want them to work because of losing SSI Benefits...
shayes1
02:15:43
Thank you!!