Delaware Treasurer Colleen Davis celebrates inaugural ABLE Savings Day

DELAWARE – Delaware Treasurer Colleen Davis celebrates the Inaugural ABLE Savings day.

“ABLE accounts are more than just a savings tool—they represent a significant step towards equality by offering individuals with disabilities the same opportunities to save and invest as anyone else,” said Treasurer Davis. “The majority of people with disabilities rely on public benefits like SSI, SNAP, and Medicaid for income, health care, food, and housing, but to qualify for those benefits, they can only have up to $2,000 in assets. That’s just not feasible and it’s just not fair.”

This new initiative aims to boost awareness and local participation in ABLE accounts, this allows individuals with disabilities to have financial independence.
Since the launch of of the program in 2018 it has seen remarkable growth.
You can find more information on this program by visiting http://able.delaware.gov