Family Form Webinar: CalAble Basics

 In

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.

 

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