Living with a disability is expensive, but an ABLE account can help! ABLE Accounts are tax-advantaged savings and investment accounts that allow people with disabilities to save money without impacting eligibility for public benefits. CalABLE is California’s ABLE Program and will be hosting this session. Here are some key facts about CalABLE:
(1) You can save beyond the $2,000 limit for SSI and keep receiving payments.
(2) You can invest and grow your money tax-free for your future needs.
(3) You can spend your money on items and experiences that make your life better.
In this session, we’ll discuss these facts and more, including ABLE eligibility, contribution limits, investment options, qualified expenses, and how to open an account. Learn more at https://calable.ca.gov/.
