Did you know that over a decade ago, a group of parents sat around a kitchen table and had one thing in common: the desire to save money for their children with disabilities without impacting the important benefits that they may rely on now or in the future?
The resilience and advocacy efforts of this group helped pass the Achieving a Better Life Experience (ABLE) Act, which allowed states to create disability savings programs.
Florida launched ABLE United, which offers tax-free savings and investment accounts known as ABLE accounts. Now, individuals with disabilities relying on public benefits could save more than $2,000 without losing benefits such as Supplemental Security Income (SSI) and Medicaid.
Since 2016, more than 10,000 Floridians have started saving with ABLE United – and have contributed more than $85 million to their ABLE accounts. We want to continue to empower the disability community to save, just like everyone else.
- With our Power Up Your Savings Event, when you open an ABLE United account by June 30, 2023, you will receive a FREE $50 contribution into your account.
- Now is the time to gain more independence, greater financial security and a better quality of life – and an ABLE United account can help do just that.
- Save up to $17,000 per calendar year, receive contributions from friends, family, or even an organization, and use the funds for everyday living expenses or long-term savings goals.
An ABLE United account gives the disability community the power to save and spend the way they want.
Save more. Worry less.
*Promotion Guidelines:
Enroll in an ABLE United account between April 1, 2023, and June 30, 2023, on ableunited.com, and you will receive a $50 contribution into your new ABLE United account. This offer only applies to new accounts for beneficiaries who have not had an account with ABLE United previously and are opened between April 1, 2023, and June 30, 2023. Funds earned will be deposited directly into your ABLE United account 8-12 weeks after the promotion ends. ABLE United is a savings and investment plan that may be used to set aside funds for qualified disability expenses. Funds may be used tax-free to pay for any qualified disability expense. This promotion is limited to the first 1,000 accounts. ABLE United reserves the right at its sole discretion to disqualify any individual it finds to be in violation of the guidelines or any laws, or to be attempting to undermine the legitimate operation of the promotion by cheating, hacking, deception, or any other unfair practices. Please review the Program Description and Participation Agreement before opening an account.
Back to Blog