Sign Up and Save! 5 Tips for Financial Success!

Sign Up and Save! 5 Tips for Financial Success!

February 19, 2024

If you haven’t already, check out our latest episode of Audio ABLE highlighting 5 tips to establish your financial plan.

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, over 10,000 Floridians and their families are now able to secure their future without impacting their benefits.

ABLE accounts are designed to cover a wide range of expenses, with the opportunity for the earnings to grow tax-free.

It’s important to establish a financial plan for success. We collaborated with ABLE United Advocate and Private Wealth Advisor for IronBridge Wealth Counsel, Edward Kemm, to share these five tips:

  1. Master Your Finances with a Budget – Without knowing where you are spending, you can’t begin to start saving.
  2. Goal Setting – Consider short-term (0-3 years), medium-term (3-5 years) and long-term (5+ years) goals.
  3. Invest Smart, Know Your Risk – Determine the investments that make sense for you and establish your risk tolerance.
  4. Purposeful Investments and Limits – Know how much you want to save in an ABLE account versus other options. Then review and monitor.
  5. Unleash the Power of an ABLE United account – Establish annual contribution goals and recurring contributions. Take the time to think about what you want or how you plan on using an ABLE account. Create your gifting page. Use it like a GoFundMe by setting a goal and sharing with individuals and/or organizations as a way for them to give gifts instead of physical presents for a birthday or holiday.​

It’s more than just saving; it’s investing in a brighter future.

Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth, Inc., is separately owned, and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth, Inc., 2874 SW Brighton Way, Palm City, FL 34990.