This post is part of an informational series about ABLE accounts, which are available in Massachusetts as a result of the passage of the Autism Omnibus Act, in which MAC played a leading advocacy role. The content in this series is provided by Fidelity Investments via a collaboration between MAC and Fidelity.*
Supplement Your Disability Benefits with an ABLE Account
Supplement your SSI and Medicaid benefits with an ABLE account, a new tax-advantaged savings account for people with disabilities. ABLE plans – like the Attainable Savings PlanSM, offered by MEFA, and managed by Fidelity – let you save for short and long- term expenses, like healthcare and transportation, without affecting your government benefits. Money in the account does not impact Medicaid benefits, and balances below $100,000 do not impact Supplemental Security Income (SSI) benefits. Learn more about the Attainable Savings Plan at Fidelity.com/Attainable.
Find out how an ABLE account could make saving simple at www.Fidelity.com/Attainable.