NC ABLE launched January 26 at www.NC.SaveWithABLE.com. These simple, affordable and tax-advantaged accounts allow eligible individuals with disabilities to save up to $14,000 a year without endangering eligibility for certain means-tested federal and state benefit programs, including Medicaid and Supplemental Security Income (SSI). Parents/guardians of children with disabilities can open accounts on behalf of those who qualify.
NC ABLE accounts aren’t just for education expenses! ABLE account funds can be used to pay for a wide variety of qualified disability expenses (QDEs) including rent and housing expenses, transportation and educational expenses, employment training and supports, assistive technology, and many other approved expenses. Enrollment takes only a few minutes and is completed ONLINE. Starting Jan 26th visit NC.SaveWithAble.com.