Christopher & Dana Reeve Foundation to hold webinar on ABLE Account

Posted by Reeve Staff in Daily Dose on June 18, 2019 # Health, Events, Medicare

The Christopher & Dana Reeve Foundation Paralysis Resource Center (PRC) will be hosting a free webinar on ABLE accounts, as it pertains to individuals with paralysis looking to utilize this type of account in the most practical way to keep extra income safe to sustain one’s quality of life and needs.

The webinar on June 27 will review the basics on how to select the right plan for your needs, and answer commonly asked questions regarding an ABLE account including:

  • How can the funds be used?
  • Will I lose my government benefits?
  • What are the most practical ways to utilize the ABLE account?
  • How much money can be saved into an ABLE account per year?
  • Who can contribute to the account?
  • Is the contribution tax deductible?

“Individuals living with disabilities face extra costs of living and depend on a variety of public benefits that while helpful, require them to stay within certain financial limits to be eligible for these programs,” said Angela Cantillon, Director, Paralysis Resource Center Operations. “The PRC strives to make sure our community is aware of all their options, like the ABLE savings account, which gives individuals and their families the ability to establish savings without affecting their eligibility to these public benefits.”

The webinar is free and is open to the public. It will be hosted by Mary Anne Ehlert, CFP®, a financial professional with extensive experience working with families of individuals with disabilities and the elderly on their financial planning.

The live webinar will be hosted from 2 p.m - 3 p.m. ET. Registry for the webinar can be found on the Reeve Foundation’s events page.