August 16, 2017
August 2017 is #ABLEtoSave month, a nationwide awareness campaign led by the ABLE National Resource Center (ABLE NRC) to provide information about Achieving a Better Life Experience (ABLE) accounts, which are a new financial savings tool for individuals with disabilities. ABLE NRC invites potential ABLE participants, their families, the financial community and all other ABLE stakeholders, to attend a free webinar focusing on what expenses can be paid for by funds in an ABLE account.
ABLE accounts are now available across the country for qualified individuals with disabilities to save money without jeopardizing their eligibility for public benefits. This webinar details what funds in an ABLE account can cover, such as housing, transportation, job training, education and more. Actual or soon-to-be ABLE account holders will discuss what they plan to use their ABLE accounts for, and some ABLE program administrators discuss which types of expenses would be considered “qualified disability expenses” and how this will be determined.
This webinar is moderated by Chris Rodriguez, Former Director, ABLE National Resource Center, and includes a panel of ABLE-related stakeholders and experts, including:
- Kelly Israel, Policy Analyst, Autistic Self Advocacy Network
- Courtney Hansen, Parent, Disability Advocate, Blogger (Inclusion Evolution: Empowering Individuals with Down Syndrome in School and Work)
- James “Jim” Balsan, BNY Mellon, Managing Director, Sumday Solutions for State-Sponsored Savings Plans
The webinar addresses questions such as:
- What types of expenses can be funded by an ABLE account?
- Does the ABLE account owner need prior authorization or approval to spend funds from the ABLE account?
- How will the ABLE account holder prove that the expenses the funds are used for are “qualified disability expenses”?