Financial education empowers people to make accurate consumer decisions, follow appropriate financial practices and achieve economic wellbeing. This process helps VR clients move from financial instability to a position of financial stability and independence through investment.
During the SGA project, participating offices were staffed with a financial specialist who, early in the process, helped clients understand how employment would affect their benefits. Financial specialists met regularly with clients and provided a range of services, including an orientation to financial planning and SSA work incentives, a full benefits inventory and assessment, review of the client's SSA benefits planning query report, and development of an economic self-sufficiency plan that was added to the IPE.
Clients developed a vision of how they could become self-sufficient through employment, and obtain knowledge and tools that will help them maximize their overall financial wellbeing as their earnings increase.
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The SGA Project is funded by the Rehabilitation Services Administration (RSA), Office of Special Education and Rehabilitative Services, U.S. Department of Education Grant # H235L100004