2014 ABLE Act Provides More Financial Freedom for Individuals with Disabilities

3 January 2015

Until now, individuals with disabilities could lose access to government benefits such as Medicaid and SSI if they established even a modest savings or income. Parents were told not to open any kind of account in their disabled child’s name over $2,000.00, and individuals with disabilities were told not to get jobs that would make over $721 per month, because either scenario might cause the disabled individual to lose vital government benefits. Now, the Achieving a Better Life Experience Act of 2014 (“ABLE”) allows families and individuals with disabilities to create tax-advantaged plans without losing the benefits available through government programs, and allows individuals with disabilities to save for their own futures. Read more about it at https://www.congress.gov/bill/113th-congress/house-bill/647.

Providing Quality Care
Throughout North Carolina

Privacy Policy

Winston Salem Office

110 Oakwood Drive, Suite 300
Winston-Salem, NC 27103-1958
Direct: (336) 725-2900
Fax: (336) 725-4677

Office Hours- 8am to 5pm

Kernersville Office

500 Pineview Drive, Suite 203
Kernersville, NC 27284
Direct: (336) 993-6912
Office Hours- 8am to 5pm

Lewisville Office

6235 Shallowford Road
Lewisville, NC 27023
Direct: (336) 992-3320
Office Hours- 8am to 5pm