It is correct that the money must be spent on disability related purchases, but it is extremely broad in terms of what it covers. Whenever you are paying for care assistance, supplies, health insurance premiums, assistive technology, and so much more qualifies as disability related expenses.
Steve - C4, 28 years On Wed, Jan 4, 2017 at 6:36 PM, Lori Michaelson <[email protected]> wrote: > Thanks Steve! > > I believe I checked out but of those websites and am looking into it but, > if I read it right, you can only take money out of these accounts for your > disability related purchases. :-( > > ~Lori > C4/5 complete, 37 years post > > On Wed, Jan 4, 2017 at 4:20 PM, Quad Dude <[email protected]> wrote: > >> Lori, >> >> The following 2 websites should be helpful: >> >> http://www.ablenrc.org/ >> >> http://www.stableaccount.com/ >> >> The latter website and ABLE Account program is based in Ohio but is open >> to residents in all states. I live in Georgia and our state will be >> partnering with Ohio and directing Georgians wanting an ABLE Account to >> utilize the STABLE Account. >> >> Steve - C4, 28 years >> >> On Tue, Jan 3, 2017 at 4:13 PM, Lori Michaelson <[email protected]> >> wrote: >> >>> Has anyone opened an ABLE account yet that began nationwide just before >>> and at the beginning of this year? >>> >>> ~Lori >>> >>> -- >>> "Petting, scratching and cuddling a dog could be soothing to the mind >>> and heart and deep meditation and almost as good for the soul as prayer." >>> ~Dean Koontz >>> >> >> > > > -- > "Petting, scratching and cuddling a dog could be soothing to the mind and > heart and deep meditation and almost as good for the soul as prayer." ~Dean > Koontz >
