Maryland ABLE: A Financial Planning Tool for People with Disabilities and their Families

People with disabilities face barriers to economic and financial stability. The ABLE Act, passed in 2014 has made it possible for people with disabilities to save for everyday expenses and invest for the future without jeopardizing their vital benefits such as SSI and Medicaid. With an ABLE account, people with disabilities can build self-reliance as they can save for their goals as well as pay for the additional costs of living with a disability while still maintaining waiver benefits such as food, energy and housing assistance. Elville & Associates is hosting Maryland ABLE as part of their monthly learning series. Attendees of this presentation will learn about the ABLE Act, the eligibility criteria, account management process, how funds can be used to pay for qualified disabilities expenses, tax-advantaged savings and investment options, online gifting and a prepaid card for easy access to funds. Register here to receive the link.