It is officially Developmental Disabilities Awareness Month, a movement dedicated to promoting progress and inclusion in our communities. We know Individuals with disabilities have qualities and abilities that can be used to positively contribute to society. This March, we have the opportunity to ensure Florida’s disability community is educated on the resources available to them.
Individuals with disabilities might require assistive services, medical treatment, support, therapy and/or equipment. Too often, these specialized services result in exorbitant expenses, leaving many families and individuals to rely on government benefits for support.
Eligibility for federal and state programs has presented another seemingly unconquerable challenge. Until recently, individuals with disabilities were limited to a mere savings of $2,000 if they were to receive Supplemental Security Income or Medicaid. That left saving for future expenses nearly impossible. The good news – there’s an efficient way to overcome the financial hurdles of this community thanks to the Achieving a Better Life Experience (ABLE) Act.
The ABLE Act is the most significant piece of legislation for individuals with disabilities since the Americans With Disabilities Act (ADA) of 1990. The federal law created tax-free savings and investment accounts allowing these individuals to save private funds without negatively impacting their government benefits.
Special Olympics Florida is a proud partner of Florida’s qualified ABLE program, ABLE United.
ABLE United provides a pathway for the disability community to achieve a better life experience in all facets of their lives. Now, individuals can save up to $14,000 annually without impacting their government benefits. Floridians with disabilities now have a way to meet their financial goals with confidence and most importantly, independence. Learn more!