On June 5^th at 5 pm,  Federation for Children with Special Needs free monthly informational series, Connecting Families, will focus on Massachusetts ABLE Accounts.
The “Stephen Beck Jr. Achieving a Better Life Experience” Act was signed into law in 2014 establishing what are referred to as ABLE Accounts. These tax-advantaged accounts allow individuals with disabilities and their families to save for short and long-term qualified disability expenses.

Each state is responsible for administering their own versions of ABLE within certain guidelines.

An ABLE Account in Massachusetts is called an Attainable® Savings Plan.

The Attainable® Savings Plan offers various investment options professionally managed by Fidelity Investments and may be used without affecting other disability-related federal benefits such as Supplemental Security Income (SSI) (for accounts with a balance under $100,000), SNAP, HUD, and others. Earnings in an Attainable^® account are federally tax-exempt and qualified distributions are not federally taxed. MEFA serves as the state sponsor.

Presenter:  Adam Hartwell, Director of Attainable® Outreach for MEFA

Adam joined the Massachusetts Educational Financing Authority (MEFA) in 2022 and has over 20 years of experience working in community advocacy, developmental disability supports, and education. In his role at MEFA, Adam works with a wide range of national, state, and local organizations and individuals to offer education and training on MEFA’s Attainable® Savings Plan.