What Are ABLE Accounts in New Jersey? - Christine Matus

BSPE Legal Marketing Podcast · Dec 3, 2024 · 2m

From Matus Law Group - In this episode, we explore "What Are ABLE Accounts in New Jersey?" and how these accounts can be a valuable financial tool for individuals with special needs and their families. Established under the Stephen Beck, Jr., Achieving a Better Life Experience (ABLE) Act of 2014, ABLE accounts allow eligible individuals to save money for critical expenses while maintaining their eligibility for essential government benefits like Supplemental Security Income (SSI) and Medicaid. We discuss how these accounts provide financial stability without compromising access to programs…