Many people with disabilities and their families are concerned about financial matters, especially the ability to save without impacting the needed supports provided through public benefit programs like Medicaid and SSI. STABLE account is a tool that can be used to help achieve financial independence. However, individuals and families remain unfamiliar with ABLE accounts, are not sure how to use them, and may not be using them to their full potential. STABLE Account offers a unique opportunity for a person with a disability to save and control money like never before without risking eligibility for government benefits. STABLE Account offers saving and spending opportunities than can enhance the independence of individuals with disabilities.
Source: National Down Syndrome Society