Family Form Webinar: CalAble Basics
Program Description:
Learn about this important savings and investment program that allows individuals with a disability to save and invest without losing public benefits. This will be 1 hour with Q&A
CalABLE is a savings and investment program that allows individuals with a disability to save and invest without losing eligibility for certain means-tested public benefits programs such as MediCal and Supplemental Security Income (SSI). Earning in a CalABLE account are not subject to federal or California state income tax as long as the money is used for Qualified Disability Expenses. CalABLE can support the financial well-being of people with disabilities to provide for themselves and their families. CalABLE allows individuals with disabilities to maintain public benefit status even while saving above the established resource limits.