Life & Social Skills

Life & Social Skills

Ages: 22+

Money Management for Families with More Impacted Adults

Money Management for Families with More Impacted Adults

If your loved one receives government benefits based on income limits, bear in mind that you cannot have more than $2,000 in assets or cash in your loved one's name (always check the current status for yourself).

If you haven't yet, open an ABLE account, which is a special savings account for people with disabilities that does not affect needs-based benefits such as Medicaid or Supplemental Security Income (SSI). It may have different names in different states, for example in Ohio it's called a STABLE account. This OCALI workshop video gives information about STABLE accounts and special needs trusts.

You may also want to set up a Representative Payee who manages your money and can write checks for you when you can’t. Apply through the Social Security office nearest you. The payee can be a trusted adult or a professional at an agency that provides payee services. Your state or county Board of Developmental Disabilities may have staff who can be designated as a Medicaid representative to handle renewals. The Cuyahoga County Board of Disabilities in the Cleveland, Ohio area does this, for example.

You’ll find more information in the financial and legal support section of the MAP. The Legal Resources Tool Kit provides useful information as well.

The Milestones free autism Helpdesk is here to connect you with resources and share information.

share this page