STABLE Accounts give people with special needs more independence and financial security
What is a STABLE Account?
A STABLE Account is an investment account available to eligible individuals with disabilities. STABLE Accounts are made possible by the federal Achieving a Better Life Experience (“ABLE”) Act. STABLE Accounts allow individuals with disabilities to save and invest money without losing eligibility for certain public benefits programs, like Medicaid, SSI, or SSDI. Earnings in your STABLE Account are not subject to federal income tax, so long as you spend them on “Qualified Disability Expenses.”
STABLE Accounts have some similar features to normal bank accounts, but they are not checking or savings accounts. STABLE Accounts are investment accounts, similar to 529 college savings accounts or 401(k) retirement accounts. When you deposit money into your STABLE Account, your money will be invested in different options that you choose. While you can still withdraw and spend your money whenever you need it, a STABLE Account also allows you to grow your money and to save long-term for disability expenses.
Click here to download the STABLE Account Brochure.
Click here to download the STABLE Account Presentation to view while watching the Darke DD training video below on STABLE Accounts.
Doug Jackson, Deputy Director of the Ohio Treasurer’s Office, discusses the Ohio STABLE Account program.
Darke DD is proud to support National Disability Employment Awareness Month (NDEAM). Held each October, NDEAM aims to educate about disability employment issues and celebrate the many and varied contributions of America’s workers with disabilities.
How are you planning to observe National Disability Employment Awareness Month (NDEAM)? Held each October, NDEAM aims to educate about disability employment issues and celebrate the many and varied contributions of America’s workers with disabilities. NDEAM is led by the U.S. Department of Labor’s Office of Disability Employment Policy, but its true spirit lies in the many observances held at the grassroots level across the nation every year. Learn how you can support NDEAM by visiting the ODEP website: www.dol.gov/ndeam.
Darke DDOctober is National Disability Employment Awareness Month
The “Switching Gears” Summer Youth Program through the Darke County Board of Developmental Disabilities (Darke DD) helps students focus on career exploration, employment preparation and life skills. The five week program ran Tuesdays, Wednesdays and Thursdays from July 12 through August 11, 2016 and was open to Darke County students, ages 14 and 15, who receive services from Darke DD. Most sessions were held at Edison State Community College’s Darke County Campus. Students participated in a variety of activities to help them build skills in communication and teamwork. Continuing to fund, coordinate and support a variety of programming to individuals with disabilities, this program is just one way Darke DD assists individuals with transition skills and with coordinating services between school, home and job-readiness training to help students develop a post-graduation plan.
(L to R) Chad Beanblossom, Dean Edison State-Darke County; 2016 “Switching Gears” Summer Youth participants; Kathryn Osborne and Cheryl Pressly (Summer Youth Instructors).
During their first week students focused on communication by participating in hands on activities, listening to a guest speaker and completing a business tour. One favorite activity was “People Search Bingo” where students cover a bingo square by finding someone in the class with whom they have things in common. Although the students attend six different schools, this activity allowed them to learn more about one another and to develop bonds. Another activity was titled “Marvelous Me” whereas; each student received a snack sized bag of M & M’s. Before eating each M & M the students answered a question aloud based on the color of the candy. These activities and others helped them practice talking about their strengths, abilities, and interests. The guest speaker for week one was John Rediger. John previously worked with Darke DD to assist in his job search and was more than happy to share his experiences of working at Kroger, volunteering, driving, and being engaged in his community. John encouraged the students to aim high, work hard and never give up on their dreams. On Thursday, the students enjoyed a tour of The Merchant House. Cassie Campbell, Managing Partner, and her team treated the students to a delicious pizza that the students topped themselves. While touring the Merchant House they learned about a variety of jobs in food service and what it takes to be successful in that field.
Darke DD“Switching Gears” Summer Youth Program a Success
Jeff and Craig live a good life. They live a good life thanks to the person centered planning model, and the opportunities that being employed in their community provides them. They are able to have the things that are important for them, and are able to enjoy the things that are important to them because of person centered planning. Their vacation to Florida is just one example of what person centered planning can do for someone with a disability!
Watch this video to learn a little more about what it takes to make something like Jeff and Craig’s dream of vacationing in Florida come true! Keep watching for updates as we take a deeper look at Person Centered Planning and how it helps provide a good life for someone with a disability!