Life can be unpredictable.
With an ABLE United account, you can be better prepared for whatever comes your way. Often referred to as a rainy day fund, ABLE United has helped thousands of Floridians with disabilities save for today, tomorrow, and the unexpected – all without losing the important benefits that they rely on now or in the future.
A rainy day fund is meant to cover unanticipated expenses, such as wheelchair repairs, medical procedures, or travel accommodations. But the disability community was at a disadvantage because many of them were unable to save for emergencies or rely on personal funds for the unexpected “rainy” days.
For so long, many individuals with disabilities receiving public benefits like Social Security or Medicaid, were previously only allowed to save $2,000.
These financial constraints inspired a group of parents who have children with disabilities to advocate for the passage of the ABLE Act which led to the creation of ABLE United, Florida’s disability savings program.
At its core, ABLE United believes that every individual with a disability deserves the opportunity for an independent life – and with these tax-advantaged savings and investment accounts, thousands of Floridians with a disability can now secure their future without impacting their benefits. These accounts are designed to cover unexpected expenses and more, with the opportunity for the earnings to grow tax-free.
Start saving today
Whether you’re a current account holder, or considering trying out an account, we are here for you. Rain – or shine.