News

Georgia launchs new ABLE program named Georgia STABLE

May 08 2019

Individuals with disabilities and their families often live a life of poverty as a result of not being allowed to save even modest amounts of money without fear of losing supports through SSI, Medicaid and other publicly-funded programs. 

ABLE Programs like Georgia STABLE allow qualified individuals with disabilities to save up to $14,000 a year in an ABLE account without jeopardizing their eligibility for federally-funded benefits, such as Supplemental Security Income (SSI) and Medicaid. The funds in the account can be used for disability-related expenses that assist the beneficiary in increasing and/or maintaining his or her health, independence or quality of life.

Sharing is caring!

Category

Sign up for our Newsletter