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News
The Achieving a Better Life Experience (“ABLE”) Act of 2014

 

May 27, 2015

 

The Achieving a Better Life Experience (“ABLE”) Act of 2014 authorizes each state to establish a Qualified ABLE Program to offer savings and investment options to individuals with a disability and their families for disability-related expenditures. Earnings in these accounts will be tax-free under Section 529A of the Internal Revenue Code as long as the funds are used to pay for qualified disability expenditures such as education, health, financial management services, housing, and transportation of a Beneficiary. An ABLE account is intended to supplement, but not replace, the benefits provided through private insurances, Medicaid, Social Security Disability Insurance (SSDI), Supplemental Security Income (SSI), the Beneficiary’s employment, and other sources.

 

The Florida Prepaid College Fund encourages you to provide your guidance and input for the creation of the Florida ABLE Program. To do so, please complete a short survey at https://www.surveymonkey.com/r/TD77D25.

 

The last day to complete this survey is May 31, 2015.

 

Input received from the survey above will assist in the development of a Qualified ABLE Program in Florida and will specifically guide the investment options that will be offered. For additional information about the Florida ABLE program, please visit http://www.myablesavings.com.

 
The Arc Across a Lifetime

April 27, 2015

Please take a moment to watch this great new video produced by our national chapter, The Arc of the United States.

 

 
Passage of the ABLE Act in the Florida Legislature

April 24, 2015

The Achieving a Better Life Act (ABLE Act) passed this morning in the Florida Legislature. The Arc of Florida, along with the late Representative Clay Ford was recognized from the floor of the House Chamber for their advocacy efforts in passage of the Act.  Michele Poole, former Board President of The Arc of Florida, strongly advocated for this legislation on behalf of her daughter Gabrielle Poole and others throughout Florida with Intellectual and Developmental Disabilities.

Pictured above are from left to right: John Finch, Representative Mike Hill, Dixie Sansom, Representative Ray Rodriquez the bill sponsor, Deborah Linton, Jim DeBeaurgrine and Alisha Linton as they celebrate the passage of the Act.

 
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