I myself an in love with Able United. They have mad it so my family can save money and not get penalized or fear that our benefits will taken from us. Able United is making sure Florida residents with special needs have opportunities like everyone else does. Their one of the first to make a savings plan under the Able Act. That means people with disabilities can now fund expenses with tax-advantaged savings under the program Able United. This is a very new option for saving money without penalty of losing federal and other benefits.
Until recently, individuals receiving federal benefits were restricted in the amount of money they could save, effectively preventing them from planning for the future and leaving many with no other choice but to live in poverty. For individuals with disabilities, fear of losing benefits or costs of setting up special needs trust has often prevented or limited them from considering all of their options to build financial security. The ABLE Act amends section 529 of the Internal Revenue Service Code allowing each state to create taxadvantaged savings accounts specifically for individuals with disabilities. These savings and investment accounts allow individuals to save money while maintaining federal benefits like Supplemental Security Income (SSI) and Medicaid. The ABLE Act now allows individuals with
These savings and investment accounts allow individuals to save money while maintaining federal benefits like Supplemental Security Income (SSI) and Medicaid. The ABLE Act now allows individuals with disabilities to save up to $14,000 without impacting their government benefits.
Please RSVP here for tonight Feb 28th Webinar at 8 pm est.
My opinions are my own I am part of ABLE Mama’Bassadors program between Able United.