This post, Save Without Impacting Government Benefits is sponsored by ABLE United and Bloggin, Mamas, but the opinions stated are all mine.
ABLE United – Save Without Impacting Government Benefits!
Are you or someone you love disabled? Are you a Florida resident? They you or they might qualify for the ABLE United program. It allows you to save money tax free of up to $14,000 for the future without negatively affecting SSI or Medicaid. Join us for an ABLE United Webinar on Tuesday, February 28th at 8:00 EST. RSVP here to find out more.
The ABLE Act amends section 529 of the Internal Revenue Service Code allowing each state to create tax-advantaged savings accounts specifically for individuals with disabilities without impacting your government benefits. The savings in an ABLE United account can be used for tax free housing, education, health and wellness services. You want to know that your loved one is going to be taken care of when and if something happened to you.
The legal guardian, whether it’s a parent or other family family or someone who has financial power of attorney would be the person in charge of it and able to act on behalf of the beneficiary. They would also be the beneficiary if something were to happen.
What does ABLE United stand for? It stands for “Achieving a Better Life Experience!” When you are disabled, you don’t want to worry about your finances in the future. Signing up for ABLE United is the way to do it.
When I became disabled, I didn’t live in Florida and other states do not have savings plans like this. If you are a Florida resident and not sure if you qualify, take the eligibility quiz by answering a few questions.
There are so many great things about being a Florida resident and ABLE United is one of them.
Join us for an ABLE United Webinar on Tuesday, February 28th at 8:00 EST. RSVP here to find out more.