Author: Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha
On behalf of the entire Enable team, we want to wish you and your families a safe and happy Fourth of July! Put an extra spark in your Enable Savings Plan to help celebrate the holiday.
We are filled with pride knowing that because of the Enable Savings Plan, those with disabilities have options as they explore asset development. This is a freedom that should be open to everyone. Before the passing of the ABLE Act, individuals with disabilities could only save up to $2,000 in their own names. Now, account owners have the ability to save up to $14,000 per calendar year.
Over the past year, we have heard many success stories from our account owners, who have been able to live their best lives due to the financial independence and support the Enable Savings Plan has given them. In fact, since the start of the Enable Savings Plan, we have had account owners from 38 states enroll in our program and we continue to see account ownership increase every day.
To help further accessibility to financial independence for individuals with disabilities, we encourage everyone to support ABLE 2.0 initiatives, including the Ability to Work Act, Financial Planning Act, and the ABLE Age Adjustment Act, which helps make ABLE plans more accessible to a wider population in the disability community. Our team believes that everyone should be entitled to financial independence, and we continue to make it our mission to help those with disabilities save, just like everyone else.
We would love to hear about your journey to financial independence. Feel free to drop us a line on our Facebook page, and we encourage you to keep reading our blog to stay up to date on all things Enable.