Unlock Financial Freedom for People with Disabilities: The Power of ABLE Account NY

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Unlock Financial Freedom for People with Disabilities: The Power of ABLE Account NY

ABLE Account NY empowers New Yorkers with disabilities to save money without jeopardizing their critical government benefits. This innovative program offers a path to financial security and a brighter future. Let's explore how ABLE Account NY can transform your life.

Benefits at a Glance

Feature	Advantage
Tax-Free Growth Contributions and earnings grow tax-free when used for Qualified Disability Expenses (QDEs). (Internal Revenue Service (.gov))
Maintain Government Benefits ABLE Account NY funds won't affect your eligibility for programs like SSI and Medicaid. (Social Security Administration (.gov))
Improve Quality of Life Use funds for a wide range of QDEs, including education, housing, transportation, and more.

Contribution Limits

Contribution Type	Annual Limit
Individual Contributions	$18,000
ABLE to Work Contributions (employed individuals not contributing to retirement plans)	Additional amount

Success Stories

Sarah, a young woman with vision impairment, used her ABLE Account NY to purchase assistive technology that allowed her to pursue a college degree.
John, a senior with a disability, used his ABLE Account NY funds to modify his home for improved accessibility.

These stories illustrate the transformative power of ABLE Account NY. With careful planning and informed decisions, you can achieve your financial goals and live a life of greater independence.

Take Control of Your Future

Don't wait to unlock the potential of ABLE Account NY. Visit mynyable.org to learn more and open an account today. Secure your financial future and empower yourself to live life to the fullest.