115. How The ABLE Act Supports Your Child's Future (ft. Catherine Beck)
If you’re anything like us, then the thought of your child’s financial future might be a little (okay a LOT) scary. But it doesn’t have to be, thanks to Catherine Beck and the MANY parents who advocated for The ABLE Act for over 10 years before it was finally passed into Congress. The ABLE Act ensures that people with disabilities can save money in a tax advantage account for necessary supports such as transportation, education, therapy, assistive technology, and more. Did you know that prior to the act’s passing, individuals with disabilities couldn’t save more than $2,000 in their name without losing their other benefits?
We’re so grateful for the many people that made this act happen, and especially Catherine Beck. She’s here today to discuss what the ABLE accounts mean for our children and how the ABLE Act made history in Congress (in more ways than one).
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