Southfield MI Social Security attorneys
Call today for a free consultation
(248) 281-4247

no upfront fee

THE ABLE ACT IN MICHIGAN

get what you deserve now

there is never a charge for consultation. Call as much as you wish and ask all of the questions that come to mind. You will not be charged.

experienced southfield, michigan disability and social security attorney

Q: What Is The ABLE Act? What Does It Do?

A: The ABLE Act was a piece of legislation passed by Congress in December of 2014. ABLE is an acronym for Achieving Better Life Experience and applies to those with special needs, both minors and adults. Basically, it allows certain people with disabilities to have a special savings account for disability-related expenses without losing their eligibility under SSI, Medicaid and other public benefits.

The Michigan plan is administered through the Michigan Department of Treasury

Q: Can An Eligible Individual Have More Than One ABLE Account?

A: No. The law only allows for one, and it depends on how each account is set up. For example, the Michigan Department of Treasury is responsible for setting up the ABLE account, but you’re only eligible to set up one such account.

Q: What Is The ABLE Tax Advantage?

A: The ABLE tax advantage applies to an individual with special needs or is disabled and specifies that all contributions to that individual’s account will not be taxable. Although it is not tax-deductible for the person who is making the contribution to the account, it’s not taxable to the recipient.

Q: How Much Money Can Be Deposited Into An ABLE Account?

A: The maximum allowed each year, as of 2016, is $14,000. There is also an aggregate that can be accumulated up to a total of $100,000, which is the maximum allowed over future years. Annually, at present, though, the maximum contribution is $14,000.

Q: How Can An ABLE Account Actually Be Used?

A: The ABLE account can be used for approximately 10 different categories.

  • Education: Funds can be used to assist someone with a disability in furthering their education at the college- or trade-level.
  • Housing: This includes housing for a disabled individual trying to live independently.
  • Transportation: This could be for a motor vehicle or equipment to assist the individual in so using it.
  • Employment training and support.
  • Assistive technology and personal support services, such as equipment needed in the home to assist with standing and walking.
  • Health and medical services: This would be anything for prevention and wellness.
  • Financial management and administrative services: This could include the services of a fiduciary, such as a financial planner, to oversee the individual’s account and ensure that the funds will be available for the future.
  • Legal fees, such as expenses for oversight in monitoring the individual’s legal affairs.
  • Funeral and burial expenses.
  • There is a catch-all category that includes any expenses that may be identified from time to time in the future that could be related to the needs of the disabled individual.

What our clients say about us

We appreciate the opportunity to help you get the benefits you deserve

He made me feel like I was the only person he was working with

I recently went to a Social Security Counseling training with Cliff Weisberg as the speaker. He was SUPER knowledgeable and provided a great and entertaining training experience where I learned a great deal. I was in the middle of assisting one of my patients with some insurance issues and he took the time to speak with me during a break in the training. He asked me to call him the next day. I did and was SUPER helpful. He made me feel like I was the only person he was working with. He looked up information for me and got back to me same day! He is a wonderful resource and I would definitely recommend his services to any of those needing help. He is very open and welcoming. I really believe he cares for his clients and puts their needs first. You don't see that a lot with lawyers!

Jennifer Tardiff
6/5/17

Excellent presentation on Social Security Benefits

Thank you for the excellent presentation on Social Security Benefits and Medicare that you gave to our membership. Your response to our numerous questions and the time you spent with us both before and after the meeting is much appreciated.

Michigan Head Injury Alliance of Macomb County
3/19/19

We have invited Cliff to come to our open General Meetings

Being President of NAMI Metro we have invited Cliff Weisberg to come to our open General Meetings to update our many members about current events and issues for those seeking SSI and SSDI. He is a most informative presenter and very empathetic to the needs of our mental health community. His willingness to have people call and discuss specific issues they are having is a life saver for so many. The feedback from the many members who have reached out for guidance and help from Cliff and his organization has been the reason we continue to have him back to speak. I would highly recommend Cliff and his organization to anyone who has questions or is dealing with problems with SSI and SSDI.

Leon Judd
6/5/17