As shared by the ABLE National Resource Center and National Disability Institute (NDI):
“Both ABLE accounts and Special Needs Trusts (SNTs) are accounts which protect resources. Each allows for the accumulation of resources, for the benefit of an individual with a disability, without jeopardizing key federally funded benefits like Supplemental Security Income (SSI) and Medicaid. This webinar will discuss the advantages and the limitations of ABLE accounts and SNTs, whether one might be preferred over the other or why someone might have both.
The purpose of this webinar is to educate individuals with disabilities, their families, providers and advocates on how these accounts can provide options and choices to maintain or improve an individual’s health, independence and quality of life by supplementing services and/or benefits. The webinar will provide case scenarios and address questions such as:
What are ABLE accounts and what are the various types of SNTS?
Can I have more than one account, and how can I decide if one or both types of accounts are right to meet my needs?
What are some strategies or things I should consider?”