![]() Deal signed Georgia’s Achieving a Better Life Experience (ABLE) Act. The savings program opens a year after Gov. “Georgia STABLE will be a major way to meet their financial needs and goals.” “This is a chance for Georgians with disabilities to be able to save their own money and invest it in a way that will allow more opportunities for them to live, work and contribute to their local communities,” said Eric Jacobson, executive director of the Georgia Council on Developmental Disabilities (GCDD). Individuals can also withdraw the money to pay for qualified disability expenses such as education, employment training and support, housing, health and wellness, transportation, personal support services and other approved expenses. ![]() The accounts allow individuals to invest up to $14,000 a year. STABLE accounts are open to eligible individuals nationally and will cost $42 per year with a small asset-based fee. Georgia joins the Ohio STABLE program, along with Kentucky, Vermont and Missouri. The program allows Georgians with disabilities and their families to create tax-deferred savings accounts without giving up critically needed Medicaid and Supplemental Security Income (SSI) benefits. JAtlanta, GA - Governor Nathan Deal announced the launch of the Georgia STABLE program today at the Georgia State Capitol. News Alert! Georgia STABLE Accounts Launched To download the Georgia STABLE program brochure, click here. Georgia STABLE – Georgia's Savings Plan for People with Disabilities
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |