ABLE means Achieving a Better Life Experience. For individuals on SSI or public assistance benefits like Medicaid, $2000 is the limit for any cash assets each month. Go over $2000 at the end of the month and benefits could be at risk. ABLE allows individuals to save money but still keep their benefits. Find out more below.
VIDEO – Click HERE for a video all about the Alaska ABLE Plans
Click HERE to be directed to the Alaskan ABLE website.
Click HERE for the ABLE Enrollment/Information Brochure
What to Know More? See below!
LINK – ABLE National Resource Center. The ABLE National Resource Center has a variety of tools to assist you in deciding if the ABLE program is right for your loved one. There are webinars on a variety of topics, decision guides and more. Here are just a few of the items on their website.
Peter Wall, financial advisor and trustee for True Link Financial gives an overview of a skilled needs trusts and ABLE with comparisons so you can choose the best tool for your situation.