NFXF Webinar Series – Financially Empowering the Fragile X Community Through ABLE Accounts
May 14 @ 7:00 PM – 8:00 PM EDT
Join us as we host Mark Raymond Jr. & John Finch as they provide a comprehensive overview of ABLE Accounts. ABLE accounts allow people with disabilities to save money beyond asset limits and protect their eligibility for means-tested benefit programs such as Medicaid or SSI.
Each circumstance is unique, and caregivers should consider their own situation carefully when creating their future plans. The webinar will be one-hour and will include a presentation by Mark & John followed by a Q&A, moderated by Missy Zolecki.
Please review the ABLE today website:
The Stephen Beck Jr., Achieving a Better Life Experience (ABLE) Act of 2014 established tax advantaged saving, investment, and spending accounts specifically for people with disabilities. To date, over 162,000 individuals with disabilities have opened up an ABLE account which include over $1.74 billion in assets under management. Anyone can contribute to an ABLE account – including the account owner, friends, family, organizations, nonprofits, and employers – up to $18,000 per year as of 2024. If the account owner is working and not already contributing to a workplace retirement plan, they can contribute an additional amount equal to their current year’s gross income – for 2024 the amount is up to a maximum of $32,580 for the 48 contiguous States and District of Columbia; $34,770 for Hawaii; and $36,210 for Alaska.
This national webinar will discuss how these ABLE financial tools can help people with disabilities build wealth without jeopardizing their disability benefits and pay for disability-related expenses, including education, housing, transportation, employment training and support, assistive technology, personal support services, health prevention and wellness, financial management, administrative services, and legal fees.
Through an ABLE Account, imagine having – for the first time – the choice to improve your quality of life by:
- Saving over the $2,000 limit
- Accumulating wealth without jeopardizing eligibility for benefits programs
- Budgeting for a down payment towards a first home without impacting benefits
- Choosing to work and earn an income and making your own decisions on how to spend your money
- Having the empowerment of changing your financial plan from monthly to yearly
Come prepared with your questions. You may also submit your questions in advance when completing your registration. We will do our best to answer as many questions as possible.
If you have additional questions, feel free to email us at contact@fragilex.org.
The webinar will be recorded and available to all registrants.
We look forward to you joining us!
Learn More About the Panelists
Mark Raymond Jr., National Outreach Lead, ABLE today
Mark Raymond, Jr. is the CEO & Founder of The Split Second Foundation, an organization committed to breaking barriers for people with disabilities. Mark’s life changed in a split second when a tragic accident left him a C-5 quadriplegic. That tick of the clock will forever influence who he is, pushing him to advocate for others.
Mark has a deep-rooted history of serving the community. From renaming historic streets and landmarks in New Orleans to creating a more accessible and robust rehabilitative health infrastructure in the Gulf South, Mark strives for the advancement of those most disadvantaged.
Mark also serves as the Chairman of the Board of Commissioners for the Regional Transit Authority in New Orleans.
John Finch, Director of ABLE United
At the Florida Prepaid College Board John Finch serves as the Director of ABLE United – Florida’s ABLE Program. John joined Florida Prepaid in 2016 to launch ABLE United and manages its continued success having helped over 10,000 Floridians save over $90 million dollars for qualified disability expenses. John also serves as the Treasurer for the ABLE Savings Plan Network, a network comprised of ABLE Program Administrators around the country. Previously he served ten years in the disability field at The Arc of Florida in various capacities – from establishing a statewide dental program for individuals with intellectual and developmental disabilities to chief operating officer. John resides in Tallahassee with his wife and three active boys, serves as an Elder at his local church, and enjoys playing board games in his spare time.
