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.

August 12, 2024, Press Release from the Office of Ohio Treasurer Robert Sprague: COLUMBUS – In conjunction with ABLE Today and the National As…

April 1, 2024 Press Release from the Office of Ohio Treasurer Robert Sprague: COLUMBUS – April is ABLE to Save Month, and Ohio Treasurer Robert Sprague is using the occasion to tout the life-changing benefits of opening and maintaining a STABLE account. ABLE to Save Month is a national campaign that shines a light on ABLE programs across the country and how they enhance financial independence for people living with disabilities. Under Treasurer Sprague’s leadership, Ohio’s iteration of an ABLE program – STABLE Account – has gained popularity and seen overall participation grow from fewer than 10,000 accounts in January 2019 to nearly 40,000 active accounts today.