• Updated

October 1, 2024, Press Release from the Office of Ohio Treasurer Robert Sprague: COLUMBUS – October is National Disability Employment Awareness Month, a perfect time to highlight the themes of independence and inclusion in the workplace. Through its STABLE Account program, the Ohio Treasurer’s office is proud to help thousands of individuals thrive in the workforce while being able to save and invest their earnings. 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 (SSI). 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.