Earlier this spring, my office launched IAble, a savings program designed to help persons with disabilities and their families save to achieve a better life experience. For the first time, individuals with disabilities can save for disability-related expenses without losing their eligibility for certain assistance programs, like Social Security Income and Medicaid. These accounts can be used for short-term savings or long-term investing, whatever best meets the needs of the account owner!
With IAble, the person with the disability acts as the account owner. Eligible individuals can open an account for themselves or an Authorized Individual can open an account on their behalf. For information regarding eligibility requirements, visit the Eligibility page of our website. Anyone can contribute to an IAble account, including the account owner, friends and family.