Disabled Recipients of Stimulus Aid Are Urged to Save in ABLE Accounts Special savings accounts for people with disabilities are getting fresh attention, as a way to safely put aside all or part of federal stimulus payments. ABLE accounts, as they are known, were introduced in 2016 as a way to give people with disabilities greater financial security and more independence. Read the entire article from February 2021 in The New York Times.
April 2024 Is Food a Qualified Disability Expense? The Social Security Administration clarified that food is considered a qualified disability expense for ABLE accounts.