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.
- 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 $19,000 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.
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