ABLE Myths Vs. Facts

June 20, 2019

Millions of individuals with disabilities live in poverty and depend on a variety of means-tested public benefits for income, healthcare, food and housing assistance. Achieving a Better Life Experience (ABLE) accounts, which stem from the passing of the ABLE Act in December 2014, largely do not affect most federally-funded, means-tested benefits.

Some individuals with disabilities and their families may be reluctant to open an ABLE account for fear of losing public benefits, and there are many myths surrounding this and other ABLE account topics. The purpose of this webinar is to dispel these myths!

This webinar addressed:

  • Myths vs. facts surrounding ABLE account eligibility, enrollment and contributions
  • Myths vs. facts on how an ABLE account affects public benefits
  • Facts on how tools, such as Special Needs Trusts and 529 rollovers, may be used

This webinar was moderated by Miranda Kennedy, Director, ABLE National Resource Center (ABLE NRC). Panelists included:

  • Laurie Schaller, Manager of Financial Empowerment, National Disability Institute
  • Marlene Ulisky, Disability Benefits Expert, ABLE NRC
  • ABLE Ambassadors and parents of ABLE Ambassadors

Webinar Material:

Presentations Slides
Transcript

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