ENABLE SAVINGS PLAN
Description
STATE-SPONSORED, TAX-ADVANTAGED SAVINGS PROGRAM FOR QUALIFIED DISABILITY EXPENSES WITHOUT IMPACTING ELIGIBILITY FOR RESOURCE-BASED PUBLIC BENEFITS. PERMITS ELIGIBLE INDIVIDUALS TO SAVE MORE THAN $2000 IN THEIR NAME. ANNUAL CONTRIBUTION LIMIT IS CURRENTLY $15,000 FROM ALL SOURCES. DESIGNED TO SUPPLEMENT NOT SUPPLANT SSI AND MEDICAID BENEFITS. HUD WILL DISREGARD AMOUNTS IN THE ABLE ACCOUNT. CAN BE WITHDRAWN AT ANY TIME, BUT MAY BE SUBJECT TO TAX AND PENALTIES IF NOT FOR QUALIFIED EXPENSE. QUALIFIED DISABILITY EXPENSES CAN BE FOR EDUCATION (COACHING, TUTOR), TRANSPORTATION (CAR PAYMENT, UBER, PLANE), HOUSING (UTILITIES, TAXES), EMPLOYMENT TRAINING AND SUPPORTS (STARTING OWN BUSINESS, FURNITURE, COMPUTER, AD), ASSISTIVE TECHNOLOGY AND RELATED SERVICES (CELL PHONE), PERSONAL SUPPORT SERVICES, FINANCIAL MANAGEMENT AND ADMINISTRATIVE SERVICES, LEGAL FEES AND EXPENSES FOR OVERSIGHT AND MONITORING, END OF LIFE EXPENSES, HEALTH, PREVENTION AND WELLNESS, AND OTHER EXPENSES TO ENHANCE THE ACCOUNT OWNER'S QUALITY OF LIFE (HORSEBACK RIDING LESSONS, SPECIAL DIETARY NEEDS, VACATIONS). LOW QUARTERLY CHARGE OF $11.25. NO ENROLLMENT, INVESTMENT CHARGE, TRANSFER OR DISTRIBUTION FEE. EARNINGS ARE TAX-DEFERRED WHILE IN YOUR PLAN ACCOUNT AND TAX-FREE IF USED FOR QUALIFIED DISABILITY EXPENSES.
Contact Information
Address:
FIRST NATIONAL BANK
PO BOX 30275
Omaha
NE
68103
Hours of Operation:
8:00 AM - 8:00 PM MONDAY-FRIDAY
Website:
enablesavings.com
Main Phone:
Phone
844.362.2534
Other Phone(s):
Phone
402.602.3596-Diane
Main Contact(s):
DIANE STEWART
Other Contact(s):
Main Email:
clientservices@enablesavings.com
Other Email(s):
enablesavings@fnni.com
dstewart@fnni.com
General Information
Agency ID: 1609
List of Provided Services:
Financial: Other Financial
Counties Served: Adams, Banner, Blaine, Boone, Box Butte, Boyd, Brown, Buffalo, Burt, Butler, Cass, Cedar, Chase, Cherry, Cheyenne, Clay, Colfax, Cuming, Custer, Dakota, Dawes, Dawson, Deuel, Dixon, Dodge, Douglas, Dundy, Fillmore, Franklin, Frontier, Furnas, Gage, Garden, Garfield, Gosper, Grant, Greeley, Hall, Hamilton, Harlan, Hayes, Hitchcock, Holt, Hooker, Howard, Jefferson, Johnson, Kearney, Keith, Keya Paha, Kimball, Knox, Lancaster, Lincoln, Logan, Loup, Madison, McPherson, Merrick, Morrill, Nance, Nemaha, Nuckolls, Otoe, Pawnee, Perkins, Phelps, Pierce, Platte, Polk, Red Willow, Richardson, Rock, Saline, Sarpy, Saunders, Scotts Bluff, Seward, Sheridan, Sherman, Sioux, Stanton, Thayer, Thomas, Thurston, Valley, Washington, Wayne, Webster, Wheeler, York, Arthur, Antelope, Out of State
Written material:
Eligibility: INDIVIDUAL OF ANY AGE WHO EXPERIENCES A DISABILITY WITH ONSET PRIOR TO AGE 26, AND IS ENTITLED TO RECEIVE SSI OR SSDI, OR WHO HAS A CERTIFICATION FROM A PHYSICIAN INDICATING HE/SHE HAS A MARKED OR SEVERE FUNCTIONAL LIMITATION, WHICH IS EXPECTED TO RESULT IN DEATH OR HAS LASTED OR CAN BE EXPECTED TO LAST FOR A CONTINUOUS PERIOD OF NOT LESS THAN 12 MONTHS.
Ages Served: All Ages
Disabilities Served: BIMI (Behavioral Impairment/Mental Illness), Brain Injury/Head Injury, DD (Developmental Disability including ID), Hearing Impairment, LD (Learning Disability), OHI - Other Health Impairment, Orthopedic, Speech Disability, Visual Disability
Wheelchair Accessible: Yes
Fees:
Sliding fee schedule: Yes
How to appeal a decision:
Languages with interpreters on staff: