You Can Still Save Money As A Disabled Florida Resident With An ABLE United Savings Account
Disabled Florida residents can now save money without it negatively affecting their benefits too much.
Being disabled is tough, and it is costly too. Many people think that because they are disabled and receive benefits such as Social Security Income (SSI) that saving money will never happen.
This is a sponsored post brought to you by ABLE United to help you find a resource available to you and your child with saving money. Please check out my affiliate and sponsors disclosure if you have questions
Enter The ABLE United $500 Sweepstakes To Get A Jumpstart On Your Savings
Go and enter, it is easy to enter and if you are a winner, you get a big jumpstart on saving up to $14,000 per year, yes without hurting your current benefits too much and it is also tax-free!
5 Winners Will Each Win $500 To Add To Their ABLE United Account
Enter ABLE United $500 Sweepstakes Here Now – Good Luck π
What Exactly Is ABLE United?
ABLE United is a registered not-for-profit and direct-support organization of the Florida Prepaid College Board.
In July 2015, the State created Florida ABLE, Inc. (d/b/a ABLE United) to be Floridaβs qualified ABLE program.
This program was created following the December 2014 enactment of the Stephen Beck, Jr., Achieving a Better Life Experience (ABLE) Act, which created Section 529A of the Internal Revenue Code, authorizing each state to establish a program that offers tax-free savings and investment accounts.
- ABLE United offers seven investment options, including four fund options and three portfolio options, for individuals with disabilities to encourage and assist people with disabilities to save private funds to support health, independence, and quality of life.
ABLE United Website | Facebook Fanpage | YouTube Channel
I Was There Unable to Save For My Disabled Child’s Future Medical And Living Expenses
I thought the same thing when my oldest son was younger!
I am so glad to now see this being an option because you just really never know when you will need those benefits for your life expenses.
My oldest is deaf in one ear, and when he was younger it was really hard to hold down a job. I had to quit two jobs because I didn’t want to be fired as a result of having to call out so much from my son always being sick.
With the threat of being fired from my third job, I was a mess trying to figure out:
- How to keep my son from being homeless
- How will we pay for his therapies
- How will I pay for his medications
- How will we get to his appointments – he had three to four per week!
- How was I going to feed and cloth him
- What is the monetary future for him
- How was I going to pay for services and programs for him to become independent and live on his own
He wasn’t just partially deaf, he also struggled to live with severe asthma, allergies, then later diagnosed with both ADHD and ODD. Then further diagnosed with severe social anxiety and depression.
It was so hard to save money! I’d quickly go through my savings when I was not employed. Thankfully I was finally connected with someone to show me that SSI existed and helped me through the application process.
Though he was approved, and his medical expenses were covered… with me not being able to work, saving money just wasn’t an option back then.
Thank you, Florida for creating the ABLE United program so that disabled Florida residents can finally save money for those inevitable situations that I have previously been stuck in.
I currently have other children with various disabilities such as learning, autism, Aspergers, ADHD, ADD, juvenile arthritis, ODD and a few other medical conditions.
I now can help my children have a better future because I can be proactive by utilizing services and options such as ABLE United.
I want Your Child To Get A Chance To Be One Of Five To Win A $500 Jumpstart On Their Own ABLE Account!
5 Winners Will Each Win $500 To Add To Their ABLE United Account
Enter ABLE United $500 Sweepstakes Here Now – Good Luck π
Achieving a Better Life Experience
Thanks to The ABLE Act which was created to help disabled people save money to pay for things like living expenses, medical needs, and other qualified expenses.
It truly allows these disabled people the ability to not stress and worry so much, especially their caregivers. It is an intense lifting of such a load off their shoulders.
The stress and struggle along with what used to be an impossible battle are now over!
Who Qualifies for an ABLE United Account
- You or your child has a Qualifying Medical Condition that was diagnosed before age 26 years old and is a Florida resident at the time of opening their ABLE account.
Check Here To Easily Find The List Of Qualifying Medical Conditions
Here Are Some Benefits That Enables A Disabled Person To Have A More Quality Life
- Save beyond the $2,000 resource limit for SSI.
- Up to $100,000 in an account is not a countable resource
- Keep funds for future disability expenses
Family and Friends Can Add Funds To The ABLE Account
- Contributions are not income β HUGE!
- Anyone can contribute
- No federal income tax deduction
- Contribute up to $14,000 per year
What I Like About ABLE
- Imagine not just having bills piling up but the inability to save money for future medical and living issues that are a huge possibility when you are disabled!
The Bills Kept Piling Up! Never Mind How Can I Possibly Save Money For Him
Each time I went to an appointment my heart, mind, and spirit were so hurt watching other children who were sicker than any of my own… Including those of my children that they fought to live through the night.
I think about that families financial struggles… How can one possibly pay for on call or in-home care nurses? How can one get and pay for some respite care?
What about children’s financial status and struggles that await them as they get older? What happens financially when if they got lucky to go into remission or a pausing period but luck runs out and it returns later on?
- These Are Just A Couple Of The Reasons Why I am Happy To Tell You About Going Right Now To Open An ABLE United Account.
If you know someone who disabled, they really need to know about this option. If your family member is disabled, be sure they get their ABLE Account opened right away and give them a lift, add a little money to their account to help them out.
Get them to enter this really helpful $500 ABLE Jumpstart Sweepstakes too!
5 Winners Will Each Win $500 To Add To Their ABLE United Account
Enter ABLE United $500 Sweepstakes Here Now – Good Luck π
What Do You Think About This Great Money Saving Option Now Available? Let’s Chat Below