For many Americans with disabilities, saving and investing can be challenging due to financial barriers. Fortunately, programs like ABLEnow offer a tax-advantaged way to save while protecting eligibility for certain public benefits.

A recent Associated Press article highlights how the growing awareness of ABLE programs is making a difference for individuals with disabilities and their families.

Take Paul, for example. For the past 11 years, the 32-year-old has worked in the food industry, delivering for quick-service restaurants and stocking groceries. Paul, who has Down syndrome, recently used his ABLE account to purchase a treadmill and help cover the cost of braces for his teeth.

“With this ABLE account, we don’t have to worry as much,” said Paul’s mother, with whom he lives. “It’s nice that he can work and save, and not have that be held against him.”

ABLE accounts allow eligible individuals to save and invest without jeopardizing certain benefits such as Medicaid and Supplemental Security Income (SSI). Contributions to these accounts can grow tax-free, and funds can be used for a wide range of qualified disability expenses, including housing, education, and transportation.

Read more in this Associated Press article published in February 2025.