After years of advocating, negotiating, and compromising, the Stephen Beck Jr. Achieving a Better Life Experience (ABLE) Act was passed into law. The ABLE Act now allows for the creation of savings and investment accounts for people with disabilities without negatively impacting federal benefits. Florida is among the first states to implement the law, which created the ABLE United program.
ABLE United will allow Floridians with disabilities to save like never before – by receiving tax incentives to save for future expenses and building assets without risk of losing federal benefits such as SSI and Medicaid. Funds in an ABLE account can be used, tax-free, for living expenses such as housing, education, and health and wellness services.
ABLE United advantages:
- Save tax-free for future expenses
- Save while maintaining federal benefits
- Save on fees – ABLE United offers the best value for Florida residents
Advocates and family members united more than a decade ago to create a grassroots movement that resulted in one of the most important pieces of legislation for the disability community in years. Now, we can unite for all to achieve a better life experience.For more information on ABLE United, go to ableunited.com.