On Tuesday, July 23, 2019 Becky Nelson of ABLEnow who will discuss how ABLEnow accounts help individuals with disabilities save money to pay for qualified expenses without being taxed on earnings, and, in most cases, without losing their benefits.

Please join FACES  from 7pm-8:30pm at FACES House, 11601 Lucks Lane, Midlothian, VA 23114.

What is ABLEnow?

The ABLE Act

For too long, people with disabilities could not save for the future out of fear of losing their benefits. Advocates fought hard to change this, resulting in the federal ABLE Act and the ABLEnow program.

ABLEnow accounts are made possible by the Stephen Beck, Jr., Achieving a Better Life Experience (ABLE) Act of 2014, considered the most significant federal legislation to address needs of persons with disabilities since the Americans with Disabilities Act. The ABLE Act authorized states to establish tax-advantaged savings programs for individuals with disabilities, aimed at relieving certain financial obstacles and recognizing the extra and significant costs of living with a disability.

ABLEnow: A Leading ABLE Program

Although it’s offered by the Commonwealth of Virginia, ABLEnow is a national ABLE program. This means that all eligible individuals are free to start their ABLE savings with ABLEnow. Today, there are ABLEnow accounts in all 50 states.

Virginia was the very first U.S. state to pass ABLE legislation after the federal ABLE statute was passed by Congress. The ABLEnow program opened for national enrollment in December 2016.

Because ABLEnow is the Virginia-sponsored ABLE savings program, there are unique advantages for Virginians. Please visit our Benefits for Virginians page for more information.

Please attend our Community Education Meeting for further information.

 

 

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