January 10, 2018 centsablesteals 0Comment

Tracking PixelPreparing Your Disabled Family Members For The Future

This is a sponsored post written by me on behalf of ABLEnow.

It was November 2012 when our lives as a family would change forever. My oldest brother Matthew, who was only 15 at the time, was involved in a tragic accident that would result in him becoming disabled for the rest of his life. There’s a quote I like from Mary Tyler Moore. “You can’t be brave if you’ve only had wonderful things happen to you.”

The first few months after Matthew’s accident were touch and go. He remained in the hospital for a full three months unconscious through most of it. The doctors then decided at that point there was nothing more they could do. They decided to send Matthew home with the inability to walk, talk or even care for himself. In the months to come our mother worked with him rigorously doing physical therapy and caring for him as only a mother can. After time Matthew was finally able to walk and even began talking again. Doctors were amazed but more importantly we were grateful.

In the aftermath of my brother’s accident, I witnessed so much bravery. Bravery I didn’t know existed. Our lives changed, but for the better. We have all learned to love so much more and the journey has brought us much closer as a family.

Matthew has very little memory of the months after the accident and is still performing miracles each day. He is twenty years old and still needs to be cared for as if he is that sweet innocent fifteen year old he once was. Matthew isn’t able to work like most twenty year olds and as much as he tries he is still not able to drive. Even though he is our little miracle worker that doesn’t stop us from worrying about the future. My parents are his sole providers and, as much as I hate to admit it, they are getting older themselves. It’s come time for us to start planning ahead for Matthew’s future, especially from a financial perspective.

ABLEnow is a new tool that’s helping us do this together. ABLEnow is a tax-advantaged savings program for individuals with disabilities. Thanks to ABLEnow, we now have an easier, better way to save for Matthew’s future.

Before ABLEnow, saving for Matthew’s future was a difficult task. We constantly had to worry about his assets jeopardizing his disability benefits. ABLEnow gives Matthew the opportunity to have his own savings account that won’t impact his SSI or Medicaid. It’s also given us peace of mind.

Why Save with ABLEnow?

It’s Flexible

  • ABLEnow accounts are designed to be flexible – easy to manage, easy to contribute and easy to use to pay for qualified disability expenses. There’s no minimum to open an account. Pay for qualified expenses online or with the ABLEnow card.

It’s Tax-Advantaged

  • Earnings grow free from federal taxes. In addition, some states may offer state tax incentives.

It Doesn’t Impact Benefits

  • Generally, funds in an ABLEnow account are disregarded when determining eligibility for certain federal means-tested benefits programs, such as Medicaid and Supplemental Security Income (SSI). For these rules and details, please visit able-now.com.

Preparing Your Disabled Family Members For The Future

Our parents were able to open Matthew and ABLEnow account in a few simple steps. Matthew’s ABLEnow account comes with a debit card. The ABLEnow card provides us with a simple way to pay for qualified disability expenses related to maintaining health, independence and quality of life. Qualifying Disability Expenses include: Basic living expenses, health and wellness, housing, financial management, transportation, education and training, assistive technology and legal fees. Learn more at able-now.com.


ABLEnow Introduction from ABLEnow on Vimeo.

This is a sponsored post written by me on behalf of ABLEnow.


Leave a Reply

Your email address will not be published. Required fields are marked *