|La Princesa will be able to save for her future now without penalty.|
Babushka not want to be part of that?
JU SO FONII!!!
The ABLE Act
The Stephen Beck, Jr. Achieving a Better Life Experience (ABLE) Act, a federal law enacted in December 2014, authorizes each state to establish a program that offers tax-free savings and investment options to encourage individuals with a disability and their families to save private funds to support health, independence, and quality of life.
Money contributed to an account in one of these programs is generally disregarded when determining eligibility for federal benefit programs, such as Supplemental Security Income (SSI) and Medicaid.
Save up to $14,000 per year – individually or with help from family and friends.”
- Florida Residents
- Have a qualifying disability with onset before age 26
Developmental Disorders: Autistic Spectrum Disorder, Asperger’s Disorder, Developmental delays and learning disabilities
Nervous Disorders: Blindness, Deafness, Cerebral Palsy, Muscular Dystrophy, Spina Bifida, Juvenile-onset Huntington’s Disease, Multiple Sclerosis, Severe sensorineural hearing loss,
Congenital Anomalies: Chromosomal abnormalities, including Down Syndrome; Osteogenesis Imperfecta, Xeroderma Pigmentosum, Spinal muscular atrophy, Fragile X Syndrome, Edwards Syndrome
Respiratory Disorders: Cystic Fibrosis
starting with Babushka’s!
P.S. Babushka had the distinct pleasure of attending the press conference in the state capitol building in Tallahassee. Video is posted on my Feibu pagina.