Saving For a Better Life Experience With ABLE United

After years of advocating, negotiating and compromising, one of the most important pieces of legislation for the disability community was passed. The Stephen Beck Jr. Achieving a Better Life Experience (ABLE) Act allows for the creation of savings and investment accounts for people with disabilities without negatively impacting federal benefits. Florida is among the first states to implement the law, which created the ABLE United program.

Now that this legislation is enacted, individuals can save up to $14,000 annually, tax-free, for qualified disability expenses. Funds in an ABLE United account can be used for items such as assistive technology, housing, education, employment training and more. With seven investment options, the account holder has a choice in how their money works for them.

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