An informational meeting about STABLE/ABLE Accounts will be held on Tuesday, December 6 from 9am to noon at Crossroads Church in Mason. (Informational Meeting Flyer)
"Starting with a general overview, this presentation will review practical uses for the ABLE account. Hear the “what” and “how” of using an ABLE account for housing, transportation, assistive technology, employment training, education, health and wellness, living expenses, and legal fees. Highlights will include the benefits and sometimes unknown ways an ABLE account can be used for qualified expenses."
What is a STABLE/ABLE Account?
A STABLE Account is an investment account available to eligible individuals with
disabilities. STABLE Accounts are made possible by the federal Achieving a Better
Life Experience (“ABLE”) Act. STABLE Accounts allow individuals with disabilities
to save and invest money without losing eligibility for certain public benefits
programs, like Medicaid, SSI, or SSDI. Earnings in your STABLE Account are not
subject to federal income tax, so long as you spend them on “Qualified Disability
Expenses.”
You can find more information about a STABLE Account at http://www.stableaccount.com/.
