Episode 51: ABLE Accounts - Answers to your questions
Adults with disabilities are twice as likely to live in poverty as those who do not have a disability. ABLE accounts are a way for individuals with disabilities and their families to build wealth without jeopardizing means or resource tested benefits. Created by the passage of the Stephen Beck Jr. Achieving a Better Life Experience Act of 2014, ABLE accounts allow individuals with disabilities and their families to save money and continue eligibility for SSI and Medicaid. This episode of WADA ADA Live! features Michael Morris, Director of the Burton Blatt Institute at Syracuse University and founder and Executive Director of the National Disability Institute, discussing the opportunities ABLE accounts provide in breaking the cycle of poverty.
National Disability Institute (NDI)
The National Disability Institute was founded in 2005 by a small group of parents, family members and individuals with disabilities to build a better economic future for people with disabilities and their families. Joining with leading thinkers and practitioners in the disability and asset building community, their vision was to create an environment where people with disabilities have the same opportunities to achieve financial stability and independence as people without disabilities. Through the power of collaboration with federal agencies, major corporations, financial institutions and nonprofit organizations, NDI has brought new attention to the possibilities of economic empowerment that has changed thinking and behavior at an individual and systems level. NDIās public education, pioneering projects and demonstrations, public policy research and development, and customized training and technical assistance activities have made NDI a recognized leader nationwide. NDI continues to change thinking and behavior at an individual and systems level so that individuals across the spectrum of disabilities can work, save, and advance their financial capability and economic stability. To learn more about NDIās innovative projects to advance the economic empowerment, financial capability and financial inclusion of people with disabilities, please go to www.realeconomicimpact.org.