INvestABLE Indiana offers a way for qualified individuals with disabilities to save money and not risk losing vital public benefits, such as SSI or Medicaid.
These tax-advantaged savings accounts allow for individuals with disabilities to save money and pay for expenses that improve one’s health, independence or quality of life. Contributions can be made by anyone, including the account owner, friends or family-allowing for more people to play a part in creating a better quality of life.
In this webinar you will learn ABLE basics, including who is eligible, how to enroll and how ABLE savings can be used. INvestABLE account owners are using their accounts to plan for a variety of expenses. One account owner has used his ABLE account to buy an accessible vehicle. He explains, “I receive waiver services and that has required some caps in what I can save. Without ABLE I would not be able to save for the long-term and purchase my van.” Another account owner explains how ABLE has provided them more financial freedom: “I wanted to be able to save and build up my assets. Before ABLE it was kind of tough to do. It’s given me a greater sense of freedom to be able to save and not have to worry about approaching the asset limit.”
Featured Presenter:
Amy Corbin, the Executive Director, ABLE Authority
Amy Corbin oversees INvestABLE Indiana, the state’s 529A ABLE savings plan. Amy has worked for the State of Indiana for over 10 years and has an established background in social work and case management. |
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