ABLE NATIONAL RESOURCE CENTER: Ohio Launches Country’s First ABLE Program
On June 1st, Ohio became the first state to offer ABLE accounts (accounts that allow people with disabilities to have a savings account without jeopardizing their benefits). In Ohio, the accounts are known as "STABLE accounts." Accounts can be used for disability-related expenses that will increase and/or maintain a person's health, independence, or quality of life. STABLE accounts are open to both residents in Ohio as well as across the country.