Giving those with disabilities the ability to save.
New INvestABLE Indiana helps individuals save, while preserving their SSI and Medicaid.
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Following the passage of Indiana's ABLE authorizing legislation in 2016, the Indiana Achieving a Better Life Experience (ABLE) Authority approved and implemented the state’s qualified ABLE program, INvestABLE Indiana. ABLE accounts, also known as 529A accounts, allow for individuals with disabilities to save for their future and pay for disability related expenses without jeopardizing access to public benefits. The intent of these accounts is to ease financial burdens on individuals with disabilities to allow for tax-free savings to cover qualified expenses including, but not limited to, education, transportation, housing and medical needs.