ABLE accounts are tax-advantaged savings accounts for people with disabilities. The money saved in ABLE accounts can be spent on qualified disability expenses. Most importantly, having an ABLE account won’t affect the account holder’s eligibility for federal programs such as Medicaid and Supplemental Security Income.
ABLE accounts can be used in a variety of ways. We spoke with three ABLE account holders to learn how ABLE accounts are improving their financial lives.
Penny Forward Founder Chris Peterson Featured On USAToday.com about ABLE Accounts
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