ABLE National Resource Center Launches 2025 #ABLEtoSave Campaign
Initiative to educate and encourage people with disabilities to open ABLE accounts to support financial stability
WASHINGTON, April 1, 2025 /PRNewswire/ -- The ABLE National Resource Center (ABLE NRC) announced today the launch of its 2025 #ABLEtoSave campaign. #ABLEtoSave is a month-long grassroots education and informational campaign about Achieving a Better Life Experience (ABLE) accounts. The goal of #ABLEtoSave is to increase public awareness on the benefits of tax-advantaged ABLE savings and investment accounts to increase the financial well-being of people with disabilities. The ABLE National Resource Center is founded and managed by National Disability Institute.
ABLE accounts offer people with disabilities and their families a powerful tool for saving and managing funds specifically earmarked for qualified disability-related expenses in categories including, but not limited to housing, food, transportation, employment and medical costs. These accounts provide many benefits including, the first $100,000 of funds are disregarded as a resource and will not impact eligibility for Supplemental Security Income (SSI); any amount of funds, up to the plan's limits, do not impact the account owner's eligibility for other means-tested benefit programs such as Medicaid, HUD, SNAP and Social Security Disability Insurance (SSDI). ABLE accounts provide flexibility in funding sources, allowing contributions from the account owner, family members, friends, employers and other sources. ABLE investment growth is tax-free.
"#ABLEtoSave Month is an opportunity for qualified people with disabilities, their families and supporters to learn how these accounts can help people with disabilities save for their current and future needs without impacting public benefits," said Jody Ellis, Director of the ABLE National Resource Center. "The goal of #ABLEtoSave is to equip individuals with the necessary knowledge and resources to capitalize on ABLE accounts, creating a pathway to greater financial independence."
According to the National Association of State Treasurers (NAST), as of December 2024, more than195,000 ABLE accounts have been opened nationwide with $2.3 billion in assets invested. The average ABLE savings balance is more than $11,700.
ABLE NRC will be participating in two webinars as part of this year's campaign. ABLE NRC will present in a webinar promoted by the Administration on Disabilities (AoD) Disability Employment Technical Assistance Center (DETAC), titled, ABLE Accounts: A Pathway to Financial Empowerment for People with Disabilities. The webinar will include an ABLE overview, innovative strategies used in Kansas and will feature an ABLE account owner who will share how ABLE supports her success. Register for April 8, 2025 from 3:00 pm - 4:30 pm ET. The second webinar is titled, Empower Your Business with ABLE, scheduled for Wednesday, April 9, 2025, from 2:00 pm–3:00 pm ET in collaboration with NDI's Small Business Hub. This webinar is designed for small business owners and entrepreneurs with disabilities. Register Now!
The campaign has widespread participation from ABLE programs including the ABLE Savings Plans Network, a network of the National Association of State Treasurers, major national disability groups, financial institutions, self-advocates, and other stakeholders. To join this year's campaign, follow us @theablenrc on Facebook, Instagram , Threads and LinkedIn.
All interested partners are encouraged to participate in this campaign and may access free resources in the #ABLEtoSave Social Media toolkit for templates and supporting materials.
The #ABLEtoSave awareness campaign is made possible through the generous support of Prudential.
About ABLE National Resource Center
ABLE National Resource Center (ABLE NRC) provides all the ABLE information you need in one place. ABLE NRC shares reliable information about ABLE plans, including plan comparisons, best practices and strategies to increase savings for now and into the future. Our mission is to educate, promote and support the positive impact ABLE accounts can make on the lives of millions of Americans with disabilities and their families. Founded and managed by National Disability Institute (NDI) since 2015, the ABLE NRC's website has become the premier source for all information on ABLE for people with disabilities and their families, employers, state and federal agencies, service providers, educators, tax practitioners, financial planners, attorneys and benefits counselors. Visit us at www.ablenrc.org for more information.
Media Contact:
LaShawn Douglas
Director, Communications and Marketing
National Disability Institute
202-296-5393 ext. 113 / ldouglas@ndi-inc.org
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SOURCE ABLE National Resource Center