Recording Now Available! How CalABLE Protects Your Savings and Your Benefits
Traditional public benefit programs often force a choice between saving money and maintaining eligibility, as strict government asset limits penalize individuals trying to build financial security.
In this recorded webinar, Melanie Bound, an outreach specialist with CalABLE, explains how this specialized savings and investment program allows individuals to build financial security without risking critical benefits like SSI or SSDI. Viewers will discover how anyone whose disability began before the age of 46 can protect their assets, grow their money tax-free, and receive direct contributions from friends and family without impacting their income status.
The session also provides a practical guide to utilizing a CalABLE account for both everyday expenses and long-term financial milestones, such as purchasing a home or an adaptive vehicle. Melanie breaks down the program's flexible investment portfolios—ranging from safe, FDIC-insured options to growth-oriented funds—and details how the CalABLE prepaid card simplifies daily budgeting and expenditure tracking. Watch the full recording to get clarity on qualified disability expenses and learn how to maximize your financial independence.