If you're an American with a disability who receives government assistance, you likely qualify for an ABLE account, or you may starting next
The age of eligibility for an ABLE account, allowing USAmerican disabled people to save up money without losing their government assistance for having “too much,” is going to go up to cover disabilities diagnosed by age 46 (currently it’s age 26), meaning a much larger number of people will be able to access them. As the article notes, many Americans don’t know these accounts exist, let alone whether they or someone they care for could qualify for one, so please share this information around.
It seems to me it would obviously be better if the “no more than $2000 a month” limit were simply removed and disabled people could have whatever savings accounts they chose, but this is heaps better than nothing.
