Florida Agency for Persons with Disabilities

Connecting you to the community.

Florida ABLE Savings Program Begins July 1

Leave a comment

Soon people with disabilities in Florida will be able to have tax-free savings accounts to help pay for services needed in the future, through the Florida ABLE Savings Program. This would be in addition to services the individual might be receiving through the Medicaid program, including iBudget Florida, the supplemental security income program, insurance coverage, the beneficiary’s employment, and other sources. An ABLE account can fund a variety of essential expenses including medical and dental care, education, transportation, community-based supports, employment training, assistive technology, and housing. Money saved in an ABLE account will not count against an individual’s eligibility for any federal benefits program. The Florida ABLE Savings Program starts on July 1, 2016. Visit myablesavings.com for more information.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s