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Financial Planning and Assistance for Families with Special Needs

When you have a family member with special needs, financial planning is vital. Be prepared to take good care of your family member by tackling the money issues today.

Military OneSource is here to help you—with financial planning related to issues like disability tax credits, Supplemental Security Income and much more.

How to start your financial plan

While every family should have a financial plan for the future, with a family with special needs it's even more important. When setting up your plan, ask yourself:

  • Will my family member need continued care throughout his or her life?
  • How will his or her support needs change over time?
  • What large or out-of-pocket expenses do we need to be prepared to face?
  • Who will care for my family member if I am no longer able? What kind of financial resources will be necessary?
  • How should I include my family member with special needs in my estate planning?

Need help with your plan?

Setting up a good plan can be demanding. There's a lot to consider. For example, if you leave assets worth more than a certain amount to a family member with a disability, you could disqualify him or her from government benefits such as Supplemental Security Income and Medicaid. But you do have consultants available to help at no cost:

Credits and programs for families with special needs

Your family may qualify for certain tax credits, deductions and be eligible for federal programs. Get details on our Special Needs Benefits page.

Military OneSource provides year-round access to tax consultants who can help maximize your refund.

Visit www.irs.gov for information about Disability and Earned Income Tax Credits including the following:

Federal programs: Learn more about whether you qualify by contacting a special needs specialty consultant at Military OneSource at 800-342-9647.

  • Supplemental Security Income, or SSI 
  • Title V programs: State programs with direct, personal health care services to improve the quality of health care for children with special needs.
  • Fair Housing Act: In privatized housing on military installations, property managers are required to make reasonable alterations at no cost to the tenant.
  • Social Security Disability Insurance: Provides supplemental income to people who can't get or keep a job because of a disability.
  • Medicaid and Medicare for families with special needs: Basic health and long-term care services for eligible people including individuals with disabilities, in families with low income and limited resources.

Facing financial challenges? Here are some sources for help

The best way to address money issues is to get ahead of them. If you see a need for assistance on the horizon, here are some places to turn for assistance: