When you must pay for the things you need while on a budget, saving for the future can seem overwhelming. It doesn’t have to be. ABLEnow accounts let you save what you can, when you can.
Start Small
Think of your budget and decide how much you can set aside each month. Even a small amount can add up over time.
Set Goals
Write down a couple of short savings goals. Think about what’s important over the next month, or even next year.
Grow Your Savings
There are a few easy ways to have your savings grow tax-free. Having a recurring contribution is a great way to put money into your account on a set schedule. If you’re working, set up payroll direct deposit and put a portion (or all) of your paycheck into your ABLEnow account. Sharing your Ugift code with family and friends for holidays and birthdays is an easy way for them to make a gift directly to your account.
Dream Big
Your ABLEnow account can be used for anything that maintains your health, independence and quality of life. Qualified disability expenses include anything from everyday essentials to transportation to dream vacations. More importantly, ABLEnow accounts allow you to build financial security for the long-term.
ABLEnow cannot and does not provide legal, financial or tax advice, and the foregoing information should not be construed as such with respect to the consequences for any particular individual as a result of contributions or withdrawals from an ABLEnow account. Since each individual’s legal, financial, and tax situation is unique, a qualified professional should be consulted on any of the issues discussed in this article.