ABLE (Achieving a Better Life Experience) accounts offer people with disabilities a great, tax-free way to accumulate money without jeopardizing their qualifications for Supplemental Security Income (SSI) and other means-tested programs. Withdrawals are tax-free as long as the money is used for “qualified disability expenses.”
Updates to CalABLE’s site and account platform will be happening this week. Here’s what you can expect from the changes and how it will impact you.
As a family with special needs, your journey is one of resilience, compassion, and unwavering love. Planning for two generations ensures that both your immediate and long-term financial needs are addressed, while simultaneously securing the financial well-being and future of your child.