What We Need to Know: CalABLE Accounts
Have you wondered how having a California Achieving Better Life Experiences (CalABLE) account could benefit your loved one’s financial planning?
Well, wonder no more…
Individuals with a disability that occurred before they turned 26 years old are eligible to open an ABLE account (called CalABLE in California). Recent legislation increases the eligibility age of beneficiaries of ABLE accounts from the onset of disability before age 26 to before age 46 — beginning January 1, 2026.
Wednesday, December 4, 2024 6:30 PM to 7:30 PM • Register now!
Please join attorney Ellen Cookman to learn about:
- The benefits of opening a CalABLE account for you or a loved one
- What can funds in the CalABLE account be used for?
- Does having a CalABLE account affect receiving public benefits like Medi-Cal or Supplemental Security Income (SSI)?
- Who can open and contribute to a CalABLE account for an eligible beneficiary?
- How can CalABLE accounts and Special Needs Trust interact with each other?
This webinar will provide live Spanish interpretation.
This is a Connections California event, a project of Parents Helping Parents – Silicon Valley. Connections California is sponsored in part by the San Andreas Regional Center and the California Department of Developmental Services.
