True." An able united savings account can put you or a loved one on the path to greater opportunities. It's like nothing that's ever been available before. What is ABLE? The Achieving a Better Life Experience Act is a federal law that allows people with disabilities to save tax-free for everyday living expenses and future needs while maintaining important federal benefits. It's more than just saving; it's investing in a brighter future. Florida's program is overseen by Florida Prepaid and is called ABLE United. So, how does it work? With an ABLE United savings account, you can save up to $1600 a year without impacting your SSI or Medicaid eligibility. You can have family and friends help by contributing to your account through your unique gifting page. Allow your earnings to grow tax-free, so your money works harder, and access your money whenever you want. To open an ABLE United savings account, there are only two requirements. You must be a Florida resident at the time you apply and have a qualifying disability with onset prior to age 26. The person with a disability is the owner of the account, but a parent or legal guardian can open and manage it. Your ABLE account can also work great alongside a special needs trust, providing greater flexibility. Getting started is easy; you can do everything online. Plus, you choose how you save and invest. There are eight different savings and investment options, including an FDIC-insured savings fund and pre-designed investment options to make it easy for you to start. Today with ABLE United, it's your money saved at your pace. You can use it for living expenses, education, health, transportation, assistive services, and more. No approvals needed. That's why everyone in the disability community should have one. So join the thousands...
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