ABLE Accounts Allow Iowans with Disabilities to SaveMonday, January 17, 2022
Iowans with disabilities have been able to open an ABLE account since January 2017, but still few are taking advantage of this incredible savings tool. ABLE Accounts (which stand for "Achieving a Better Life Experience") allow a person with a disability to save money for future health and living expenses that are not covered by other federal or state assistance.
We have heard that some people are being told they cannot work more hours, or they will "make too much money" and lose the benefits that help them be able to work. If you are worried about that, consider an ABLE Savings Plan or show your guardians this information. You can also watch this great webinar on keeping benefits while saving with ABLE below, or you can find it here.
You can also watch the Iowa DD Council's webinar on earning more, but not losing benefits below or here.
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