#ABLEtoSave Series: Financial Literacy, Investments, and ABLE Accounts (Sponsored by Fifth Third Bank)
August 2017 is #ABLEtoSave month, a nationwide awareness campaign led by the ABLE National Resource Center (ANRC) to provide information about Achieving a Better Life Experience (ABLE) accounts, which are a new financial savings tool for individuals with disabilities. ANRC would like to invite potential ABLE participants, their families, the financial community and all other ABLE stakeholders, to attend a free webinar on Wednesday August 23, from 2:00 – 3:00 EST, focusing on explaining key financial terms associated with ABLE accounts.ABLE accounts are now available across the country for qualified individuals with disabilities to save money without jeopardizing their eligibility for public benefits. Absent a guardianship or power of attorney arrangement, ABLE account holders are the owners of the account and have control over the assets. Many ABLE account holders have reached out to ANRC and expressed uneasiness with many financial terms involved in opening and managing an ABLE account. This webinar is designed to clarify many key terms so that ABLE account owners will feel empowered to manage their ABLE accounts in an informed and responsible way.
This Webinar will be moderated by Chris Rodriguez, Director, ABLE National Resource Center, and will include a panel of ABLE related stakeholders and experts, inclucing:
- JJ Hanley, Director, IL ABLE
- Michael Roush, Director, Real Economic Impact Network, National Disability Institute
The webinar will address questions such as:
- What does it mean if a plan is high-risk, medium-risk or low-risk?
- What does it mean for an account to be FDIC-insured?
- Why are there different fees associated with different investment options?
- What is the difference between “tax-exempt” and a “tax deduction”?
Please note: Real time captioning will be provided for this webinar. For other accommodation requests, questions about the webinar, or the registration process, please contact Christopher Rodriguez at firstname.lastname@example.org.