THE ABLE ACT: EnABLE Savings for Life…By Mary Ann Ehlert
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- 3:30 PM CDT 4:30 PM CDT (Time Zone Sensitive)
Mary Anne Ehlert President and Founder of Protected Tomorrows Inc. will tell you all you need to know about the Able Act that has been passed in Illinois. The Able Act, which amends section 529 of the IRS Code and allows for tax-free savings and investment accounts for individuals with disabilities. This is great news for the special needs families!! If you are ready to save tax-free for expenses for your loved one with a disability, without losing government benefits, then attend this seminar!! *** Mary Anne Ehlert is a financial professional and sister to an individual with disabilities. She is highly regarded as a specialist in working with families of individuals with disabilities, and serves on the boards of several organizations, including: Vice-Chair, National Disability Institute in Washington D.C. and Illinois Special Olympics. She is a member of the Alliance for the Mentally Ill, ARC of Illinois, and the National Council on Aging. *** Topics to be covered: • What is an ABLE Account? • Eligibility • Impact to other resources/government benefits • How much can you save? • What type of accounts are allowed? • How to set up your account • Qualified expenses • State of Illinois implementation • Q & A Protected Tomorrows, Inc. enhances the lives of people with developmental disabilities through a comprehensive life planning process. Its nationwide network of Advocates creates Future Care Plans, which include the educational, residential, financial, legal, health care, government benefits, employment and recreational needs of the individual with special needs. The Protected Tomorrows passionate team of professionals all has a personal connection to the special needs community, so they understand the concerns of families first hand. It drives them to continuously identify, design and implement solutions to life planning, bringing peace of mind to families about the years ahead for their loved one
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