Brain Injury Resource Center of Wisconsin
Savings Accounts
ABLE ACCOUNTS
In 2014, the Achieving a Better Life Experience (ABLE) Act was signed into law. The ABLE Act allows people with disabilities to create tax-advantaged savings accounts called ABLE accounts.
The money in ABLE accounts can be used for qualified disability-related expenses, such as education, housing, and transportation. Most importantly, ABLE accounts allow people with disabilities to save money without losing their eligibility for federally funded benefits such as Medicaid or Supplemental Security Income (SSI). [ABLE Resource Center Website]
Organizations
Brain Injury Association of America (weblink)
National Disability Institute (weblink)