Matt works at Staples
The Achieving a Better Life Experience (ABLE) Act is a new law that lets a person with a disability and that person’s family put money into a special tax-advantaged account. The first $100,000 in an ABLE account will not count against the $2,000 Supplemental Security Income (SSI) resource limit, nor will it count against resource limits other programs, such as Medi-Cal, may have.
This new work incentive is a big deal: it means that if a consumer gets a job, you can start saving up some money without losing your benefits.
Note: Persons served can only have an ABLE account if the disability began before you turned 26 (it doesn’t matter how old you are now).