Incorporating Savings Options for People with Disabilities into Financial Empowerment Programs

Financial empowerment programs, including those that provide financial coaching/counseling services, report common indicators that include participants’ abilities to increase savings. However, programs may not be familiar with asset limits recipients of public benefits may face and savings options for people with disabilities that allow qualified individuals to save while also maintaining eligibility for public benefit programs.

This guide:

• Details how ABLE accounts can help people with disabilities save money without losing eligibility for federally funded benefits
• Explains opportunities for incorporating ABLE account information into financial empowerment programs
• Gives examples of when it is appropriate to incorporate ABLE account information