Thread: Sigh
View Single Post
 
Old Jan 07, 2020, 04:14 PM
Anonymous46341
Guest
 
Posts: n/a
Quote:
Originally Posted by Wild Coyote View Post
Hi Hallie! I am glad things are working out for you!

I am sure you have checked on this, yet want to ask: Could the money being deducted from your pay (pre-tax dollars) be put into and "ABLE" account for you without having an impact upon your guidelines/limits for SSDI? ABLE accounts sound great, if you can qualify for one!

ABLE Accounts | ABLEnow A savings account for people living with a disability.

If you do not qualify for an ABLE account, could the extra money (the amount that is too much) be put in an IRA or another type of an account as Pre-tax dollars and not have an effect upon your SSDI limits?

If not an IRA account, maybe as pre-tax dollars for a health savings account?

Have you asked an accountant?

Just thinking out loud.... trying to think of a way for you to have the money and be fine with the SSDI guidelines.
Thanks for sharing about this, Wild Coyote! I had never heard about this. I bookmarked the website.

HALLIEBETH, if you can't take advantage of anything like Wild Coyote suggested, it still seems like a good thing that the job was able to "make things work". It is a bummer that one must sometimes take a relatively lower paying job than normal to get back to the workforce.
Hugs from:
bizi, Wild Coyote
Thanks for this!
Wild Coyote