Friday, August 4, 2017

INvestABLE Accounts

With the passage of Indiana’s Achieving a Better Life Experience (ABLE) legislation, Indiana’s Treasurer of State’s office and the ABLE Authority have been working hard to develop a qualified program for our state.  Earlier this month, the Treasurer of State’s office introduced INvestABLE Indiana, a new program that will help individuals with disabilities and their families save, while preserving their Supplemental Security Income (SSI), Medicaid coverage and benefits received through other federal programs.
INvestABLE allows Hoosiers with disabilities to save money without fear of losing benefits.  This allows them to save for things like education, housing, assistive technology or other needed items.  To qualify, a person must have the onset of disability before the age of 26 and they must also be receiving Social Security benefits.
Eligible individuals can open the account for themselves online, or have an authorized individual open an account on their behalf.
Hoosiers can find out more about INvestABLE Indiana at in.savewithable.com or by calling 888-609-3457.
DDRS is very excited for INvestABLE and the opportunity this program offers by giving those with disabilities the ability to save!
Kylee Hope
Director, Division of Disability and Rehabilitative Services

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