Back in 2014, the federal government did a great thing for individuals with disabilities.
It created what’s called an ABLE account -- “achieving a better life experience”. They are tax savings accounts that act like a 529 education plan.
It shelters assets from federal and state benefits like Social Security Disability and Medicaid.
You can save up to $100,000 in these accounts, invest after-tax dollars in market-backed investments, change your mix twice a year and you can choose to be aggressive or risk averse as you’d like.
You can use the savings to pay for things like housing, education and transportation.