State of George ABLE Program: Georgia STABLE Accounts

“What is a STABLE Account?

A STABLE Account is an investment account available to eligible individuals with disabilities. STABLE Accounts are made possible by the federal Achieving a Better Life Experience (“ABLE”) Act. STABLE Accounts allow individuals with disabilities to save and invest money without losing eligibility for certain public benefits programs, like Medicaid or SSI. Earnings in your STABLE Account are not subject to federal income tax, so long as you spend them on “Qualified Disability Expenses…

Through the Georgia STABLE program, the State of Georgia is offering STABLE Accounts to Georgians with disabilities. Although STABLE Accounts are available nationwide, Georgia STABLE is only available to Georgia residents, and allows Georgians access to STABLE Accounts at discounted rates.”