WEBINAR: SSI Rules for ABLE Accounts

[@dragonballsuper3513]

I was wondering what qualifies for medical bills

[@jpf8350]

Anything that relates to the persons with a disability and helps them improve or maintain their health, independence or quality of life. For example, additional therapies, enhancements to wheelchair, potentially exercise classes or equipements

[@EulersRoadTrippin]

Question regarding non qualified uses of ABLE savings account funds. I read there is tax & penalty of 10%. What exactly is penalized, the funds withdrawn or just the interest that was generated from those funds?

[@ABLEUnited]

Hi there, we'd have to know the details as why you are withdrawing. If it's for a qualified expenses then there isn't a penalty. Please call our customer service for more information: 1-888-524-2253.