August is NC ABLE Act Month!
Recently North Carolina Governor Roy Cooper declared August Achieving a Better Life Experience (ABLE) Act Month!
NC Achieving a Better Life Experience (ABLE) Act allows people with disabilities to save and invest money without jeopardizing Medicaid and other programs and supports.
NCCDD encourages all persons with intellectual and other developmental disabilities to take advantage of this great opportunity to save for their future. and open an account today!
Here are the highlights:
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Up to $15,000 can be saved per year without endangering benefits from federal and state means-tested programs.
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Up to $100,000 is not counted towards eligibility for SSI or other federal means tested programs
Who is eligible:
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ABLE accounts are open to people living with disabilities. The onset of the individual’s disability must have occurred before their 26th birthday.
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No special medical forms are required. Individuals can self-certify that they qualify to open an ABLE account
To sign up or for more information visit: https://www.nctreasurer.com/able/Pages/NC-ABLE-Program-Frequently-Asked-Questions.aspx