On Thursday, May 11 at 2pm ET we hosted our ABLE Account Spotlight covering the features of New York ABLE.
The NY ABLE Program is a tax-advantaged savings program for individuals with disabilities and their families to save for their current or long term needs while maintaining their ability to benefit from federal benefits programs such as SSI, SSDI and Medicaid. Our program offers multiple investment options including a checking account and debit card option allowing individuals with disabilities to maintain their independence and have quick and easy access to their own money.
Objectives:
New York’s Achieving a Better Life Experience (NY ABLE) Program helps individuals with disabilities and their families:
• Save for disability related expenses;
• Earn income on investments free from taxes when used for qualified disability expenses; and
• Maintain ability to benefit from Supplemental Security Income (SSI), Medicaid, and other federal programs.
• Questions and answers
Webinar Presenters:
• Jenna McClosky, Outreach Coordinator/Administrative Analyst
• Miranda Kennedy, Director, ABLE National Resource Center; and
• Laurie Schaller, Manager, Financial Empowerment with National Disability Institute
• Marlene Ulisky, Manager, Financial Empowerment with National Disability Institute
Jenna McClosky has been with the NY 529 and NY ABLE team for four years, starting as a Program Aide in 2018 and being promoted to Outreach Coordinator and Senior Administrative Analyst in 2019. Prior to joining NY 529 and ABLE, Ms. McClosky worked in various roles for New York State since 2015. Before that, she worked in early childhood and the non profit space for many years.
