This is an exciting milestone for people with disabilities, their families and advocates – ABLEnow is open for nationwide enrollment.
The ABLEnow program opened on December 19, 2016: the two-year anniversary of the federal Stephen Beck, Jr. Achieving a Better Life Experience (ABLE) Act being signed into law, which authorized states to establish ABLE savings programs.
ABLEnow provides people with disabilities the opportunity to save money for today’s needs or invest for tomorrow. These simple, affordable and tax-advantaged accounts allow eligible individuals to save up to $14,000 a year without endangering eligibility for certain means-tested benefit programs such as Medicaid and Supplemental Security Income (SSI).
The ABLEnow program offers some of the lowest fees in the country, an online portal to manage your account and the ABLEnow Card—a debit card providing a simple, fast way to pay for qualified disability expenses. Eligible individuals can start their ABLEnow account with no enrollment fee and no minimum contribution.
It’s official! Start saving in an ABLEnow account today.