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- Home - CalABLE
Help your clients open a CalABLE account Entities, such as non-profits, resource agencies, financial advisors, and others may serve as an Authorized Legal Representative (ALR), and open accounts for their clients
- How it works - CalABLE - California
Opening an account Getting started with CalABLE is fast and easy We’ll ask for some information about the beneficiary, the qualifying disability, and how the account will be funded To complete the setup, you’ll customize your account and make decisions about the money you deposit You’ll need to make an initial deposit of at least $25 to get started and a $1 minimum for any
- FAQs - CalABLE - California
CalABLE is changing the way people with disabilities can plan and save for their financial futures without affecting eligibility for public benefits
- What is a CalABLE account? - California
A CalABLE account is an investment account available to eligible individuals with disabilities CalABLE accounts are made possible by the federal Achieving a Better Life Experience (“ABLE”) Act These accounts allow individuals living with disabilities to save and invest money without losing eligibility for certain public benefits programs, like Medicaid or Supplemental Security Income
- Benefits - CalABLE - California
CalABLE offers a host of benefits and is changing the way people with disabilities can plan and save for their financial futures without affecting eligibility for public benefits
- Eligibility - CalABLE - California
CalABLE is changing the way people with disabilities can plan and save for their financial futures without affecting eligibility for public benefits Find out if you’re eligible
- Qualified expenses - CalABLE
Qualified Expenses CalABLE accounts can be used for many different qualified expenses, ranging from education, employment support, housing, transportation, assistive technology and healthcare
- Investment options - CalABLE
CalABLE offers 8 investment options and is changing the way people with disabilities can plan and save for their financial futures without affecting eligibility for public benefits
- Overview | English - CalABLE
CalABLE protects SSI and other benefits SSI recipients can typically save only $2,000 without affecting benefits However, federal law allows SSI recipients to save up to $100,000 in CalABLE accounts while maintaining eligibility CalABLE accounts also help maintain protections for service-connected VA benefits and VA Pension benefits while allowing you to save and invest for the future
- CalABLE for Parents - California
CalABLE is flexible You have access to funds at any age, anytime, and you can use CalABLE savings for healthcare, education, housing, travel, technology, and other qualified expenses CalABLE is a lifelong tool It's easier than ever for you to manage money for your child, and the account stays with them
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