For a while Dori and her husband, Jim, supplemented the school's instruction and services with physical, occupational and speech therapies and private tutoring that they paid for out of pocket.
The Newtons are considering homeschooling Isla and their 9-year-old son, Theo, who has ADHD and dyslexia. But they said that option may be too pricey. "Generally, for a child who is identified as having special needs, the school district has to provide education and related services through their individualized education program, or IEP, which is mandated under federal law," said Bernard A. Krooks, Esq., founding partner of Littman Krooks LLP and past president of thea national not-for-profit organization dedicated to assisting individuals with special needs and their families.
Krooks, Tuman and other financial and legal experts suggest that families of children with disabilities explore workplace benefits, special savings accounts and other resources to help bridge a financial gap.Employee benefits can help families save up to pay for therapies and other costs. A family can save up $7,100 pretax in a health savings account, or HSA, this year. And up to $2,750 in a flexible spending account, or FSA.
sharon_epperson andrewrsorkin SquawkCNBC acorns For parents who may not have the extra margin to put heavy amounts of money away in a ABLE account or SNT. Many states have TEFRA to help pay for education expenses and various private therapies for Special Needs children.
sharon_epperson andrewrsorkin SquawkCNBC acorns I'm surprised you don't speak more about Special Needs Trusts and the good they can do to protect a disabled loved one's future. ABLE accounts are great, as an additional item, especially for investing for long term. But, they are still limited. SNTs have their place too.
sharon_epperson andrewrsorkin SquawkCNBC acorns As an educator who deals with disabled students, and as a disabled person myself, the reality is remote learning has put us in our students on the back burner.
sharon_epperson andrewrsorkin SquawkCNBC acorns Omg you got skinny!
sharon_epperson andrewrsorkin SquawkCNBC acorns all levels of education can re-invent it self with innovation and make the system better than before . better for the students learning. Classes must be much smaller. so more classes and more teachers .Classes can be anywhere . Maybe have to prioritize academics over sports .