Ohio Treasurer Sprague Recognizes October as National Disability Employment Awareness Month

The Ohio Treasurer’s Office is using National Disability Employment Awareness Month this month to remind Ohioans about the STABLE Account Program.

A STABLE account is a specialized savings and investment account for people living with disabilities that allows them to save and invest money without losing eligibility for certain means-tested benefits, such as Medicaid and Supplemental Security Income.

STABLE accountholders can save up to $18,000 annually without losing federal assistance, and they can save an additional $14,580 each year if they’re employed.

Earnings on STABLE accounts grow tax-free if they are spent on qualified expenses, which include housing, transportation, living expenses, healthcare, assistive technology, and more.

Signing up for a STABLE account takes about 20 minutes and can be done online from home.

For more information and to sign up, visit stableaccount.com.