Showing posts with label ABLE Act. Show all posts
Showing posts with label ABLE Act. Show all posts

June 05, 2017

It's a Win-Win with #ABLEUnited. $500 #Giveaway and #ABetterLifeExperience ad bit.ly/ABLEunited500GW

This is a sponsored post with ABLEunited and Bloggin' Mamas. Opinions stated are Babushka's.



ABLEunited giveaway
http://bit.ly/ablegiveaway

HolaHolaHola Beautifuls!

Babushka has written about ABLEUnited before and will write about them again y again, porque it’s BUENISIMO!! And as if their wonderful programa wasn’t enough, they’re now having a giveaway for 5 lucky participants, with the prize of a $500 contribution to an ABLEUnited account. Siguen BUENISIMO right??? For those who aren’t familiar with the ABLEUnited program, here’s a little intro.




Eligibility? Don't be mislead to think this is just for children, this is for ANYONE who has a qualifying disability diagnosed before age 26.

So who is eligible?

  • Florida Residents
  • Have a qualifying disability with onset before age 26

Qualifying Disabilities-
The Internal Revenue Service categorizes eligible disabilities as follows:

Developmental Disorders:
Autistic Spectrum Disorder, Asperger’s Disorder, Developmental delays and learning disabilities
Intellectual Disability: May be reported as mild, moderate, or severe intellectual disability
Psychiatric Disorders: Schizophrenia, Major depressive disorder, Post-Traumatic Stress Disorder (PTSD), Anorexia Nervosa, Attention Deficit/Hyperactivity Disorder (AD/HD), Bipolar Disorder
Nervous Disorders: Blindness, Deafness, Cerebral Palsy, Muscular Dystrophy, Spina Bifida, Juvenile-onset Huntington’s Disease, Multiple Sclerosis, Severe sensorineural hearing loss,
Congenital cataracts

Congenital Anomalies: Chromosomal abnormalities, including Down Syndrome; Osteogenesis Imperfecta, Xeroderma Pigmentosum, Spinal muscular atrophy, Fragile X Syndrome, Edwards Syndrome

Respiratory Disorders: Cystic Fibrosis
Other: Includes Tetralogy of Fallot, Hypoplastic left heart syndrome, End-stage liver disease, Juvenile-onset rheumatoid arthritis, Sickle cell disease, Hemophilia, and any other disability not listed.

Our ABLEunited participant is little now, but we know time goes by rapidisimo and before we're mentally ready to accept she's an adult, she'll be wanting to slide through la vida sola. Quee?? Babushka not be ready for this and take all the extra she can get?  JU SO FONII  BB's entering EVERY dia, because La Princesa's already sliding through life now!




The entry link again: http://bit.ly/ablegiveaway

There will be 5 winners. BB's hoping that you will be one of the other 4.


; )


BB2U


February 28, 2017

Learn the Basics. Feb. 28, 8 pm #ABLEUnited #webinar #Florida #specialneeds

Babushka is honored to be part of ABLE Mama'Bassadors program between ABLEUnited and Bloggin' Mamas. Opinions stated are all BB's.





HolaHolaHola Beautifuls!

Babushka is feeling so proud of her home state of Florida. Making sure our residents with special needs have opportunities like everyone else, we were one of the first to make a savings plan under the ABLE Act.  People with disabilities can now fund essential expenses with tax-advantaged savings under the program ABLE United This is a relatively new option for saving money without penalty of losing federal and other benefits.  Porque honestamente, doesn't everyone deserve the chance to dream and plan for a better futuro?

· Until recently, individuals receiving federal benefits were restricted in the amount of money they could save, effectively preventing them from planning for the future and leaving many with no other choice but to live in poverty.
· For individuals with disabilities, fear of losing benefits or costs of setting up special needs trust has often prevented or limited them from considering all of their options to build financial security. 

· The ABLE Act amends section 529 of the Internal Revenue Service Code allowing each state to create tax-advantaged savings accounts specifically for individuals with disabilities.

· These savings and investment accounts allow individuals to save money while maintaining federal benefits like Supplemental Security Income (SSI) and Medicaid.

· The ABLE Act now allows individuals with disabilities to save up to $14,000 without impacting government benefits



BB for one is glad she can help brighten our granddaughter's future a little bit by contributing to her ABLE account.  To know that La Princesa will be financially better tomorrow by what we can add hoy makes the worry a little less.  If you still have questions about ABLE United please join the webinar.




BB2U



Past post on ABLE United, because if you think esto es todo Babushka's said about ABLEUnited-

JU SO FONII!!! 




September 24, 2016

#ABLEUnited #DisabilitySavings for our Children. #sponsored

Babushka is honored to be part of ABLE Mama'Bassadors program between ABLEUnited and Bloggin' Mamas.  Opinions stated are all BB's.




Florida_ABLEUnited_BlogginMamas_Grandparents_SpecialNeeds_SavingPlans



HolaHolaHola Beautifuls!!!

Isn't that picture just precioso?  Sweetie and BB had our granddaughter La Princesa for a little bit this verano and some wonderful memories were made.  Now that she's young (and so are we- relatively) we were able to have lots of fun and meet all her needs and wants.  Quee??  Ok Si, we totally spoiled her, and hope to be able to do so for a long time.  Lamentablemente she is growing up way too fast and before we know it she'll be off on her own.  A sobering thought for all families, but for those of us who's loved ones have special needs, who've been diagnosed with disabilities, it can be downright scary. Babushka has written about this before and will say it otra vez.  Thankfully, Florida has the ABLE Account, enacted for the ABLE Act which authorizes states to create tax-free savings accounts for individuals with disabilities.


ABLEUnited_Florida_Disability_Savings


And why specifically an ABLE Account when there are other ways to save?


ABLEUnited_Florida_Disability_Savings


Who can have an ABLEUnited account?

ABLEUnited_Florida_Disability_Savings_Eligibility


There's an Eligibility Wizard if you'd like to be sure your loved one qualifies.

ABLEUnited_Florida_Disability_Savings


It takes 15 mins to sign up for a lifetime of assistance.

ABLEUnited_Florida_Disability_Savings_Contributions

THIS is the part Sweetie and BB are very happy about.  As grandparents we can contribute to La Princesa's account with no problem or penalty for anyone.  ESOOOOOOO!!!!  Abuelos, Amigos, Anyone can help with a child's future.


The 4 most asked questions about this program are shared  HERE
pero if you still need assistance...



If you or someone you know could use this program please share it.  


Keep an eye out for another TWEETY FIESTA about the ABLEUnited plan, 
porque if you think Babushka has said todo...

JU SO FONII!!!


BB2U


July 07, 2016

#Florida 's ABLE and Ready - Are You? #DisabilitySavings #ABLEUnited

The following blog post is sponsored by ABLE United through a Bloggin' Mamas campaign.
Y como siempre, as always, opinions stated belong to BB.




Florida ABLE Act  Disability Savings
La Princesa will be able to save for her future now without penalty.
Babushka not want to be part of that?
JU SO FONII!!!


HolaHolaHola Beautifuls!
BB is so excited to tell you about the newest way we can help our loved ones. As of July 1 of this year, residents of Florida who have been disabled at 26 years or younger now can apply for “The Achieving a Better Life Experience (ABLE) Act, which authorizes states to create tax-free savings accounts for individuals with disabilities.

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.”


So what does this mean Beautifuls?  It means children like my granddaughter La Princesa can have a better chance for her future.  Part of the burdens parents of disabled children face is worrying about their child’s mañana, especially when they become adults and are on their own.  The ABLE Act can help alleviate this.  A savings account that can be contributed to by various people (como abuelas) that aren’t held against their current disability income y ayuda.  How wonderful is that?  AND, YA ERA HORA!!!




So who is eligible?

  • Florida Residents
  • Have a qualifying disability with onset before age 26


Qualifying Disabilities-
The Internal Revenue Service categorizes eligible disabilities as follows:

Developmental Disorders:
Autistic Spectrum Disorder, Asperger’s Disorder, Developmental delays and learning disabilities
Intellectual Disability: May be reported as mild, moderate, or severe intellectual disability
Psychiatric Disorders: Schizophrenia, Major depressive disorder, Post-Traumatic Stress Disorder (PTSD), Anorexia Nervosa, Attention Deficit/Hyperactivity Disorder (AD/HD), Bipolar Disorder
Nervous Disorders: Blindness, Deafness, Cerebral Palsy, Muscular Dystrophy, Spina Bifida, Juvenile-onset Huntington’s Disease, Multiple Sclerosis, Severe sensorineural hearing loss,
Congenital cataracts


Congenital Anomalies: Chromosomal abnormalities, including Down Syndrome; Osteogenesis Imperfecta, Xeroderma Pigmentosum, Spinal muscular atrophy, Fragile X Syndrome, Edwards Syndrome

Respiratory Disorders: Cystic Fibrosis
Other: Includes Tetralogy of Fallot, Hypoplastic left heart syndrome, End-stage liver disease, Juvenile-onset rheumatoid arthritis, Sickle cell disease, Hemophilia, and any other disability not listed.



Come pueden ver,, it’s quite a comprehensive list and there are going to be many happy families, starting with Babushka’s!

If you or someone you know could use this program please share it.  


BB2U


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.