Living your dream
Imagine a day where parents of a child born with Down syndrome or autism are not met with the advice to never to put anything in their child's name or allow them to receive an inheritance for fear of disaster down the road. Imagine a person with a physical disability having the resources to obtain assistive technology while maintaining eligibility for programs like SSI and Medi-Cal. Imagine a world where financial freedom, independence and a better quality of life are right at the fingertips of every person born with a disability.
These things may have been unimaginable just a short time ago - but with the passage of the federal Achieving a Better Life Experience (ABLE) Act, millions of Americans with disabilities are now empowered to reach a new level of control when it comes to achieving greater financial security. ABLE accounts are a new savings option that allow individuals who became disabled before the age of 26 to save up to $100,000 in a tax-advantaged investment account without jeopardizing their ability to collect SSI.
In the coming weeks, we will be launching CalABLE, the golden state's ABLE plan. Eligible individuals throughout California and nationwide will have the ability to sign up for a CalABLE account and manage their money right on this website. We truly believe that we are building a program that will enhance the lives of people with disabilities, and offer peace of mind to their parents, friends and loved ones who want to make sure these individuals will be financially secure into the future.
We'll continue to post information as it becomes available, so stay tuned! In the meantime, you can learn more about CalABLE and sign up to receive news and updates about the program by entering your email address in the form below:
Dante Q Allen
Executive Director, CalABLE