Treasurer Stacy Garrity Announces Webinar Programming for National Disability Employment Awareness Month

Harrisburg, PA - Pennsylvania Treasurer Stacy Garrity today announced weekly webinar offerings to help celebrate National Disability Employment Awareness Month (NDEAM). Treasury and its partners will provide weekly webinars that will explore topics of personal finance and employment for Pennsylvanians with disabilities, including information on the PA ABLE (Achieving a Better Life Experience) Savings Program.

"Treasury is thrilled to offer programming throughout National Disability Employment Awareness Month to financially empower working Pennsylvanians with disabilities in every corner of the Commonwealth. This month is about celebrating and recognizing their tremendous impact in the workplace, and Treasury is proud to be a part of this effort to help more Pennsylvanians learn about PA ABLE and its great benefits."

NDEAM Webinars will be offered every Tuesday in October at 1 p.m.

Topics include:

• Oct. 7 - Financial Tools for Working People with Disabilities: Savings, Checking, and PA ABLE;
• Oct. 14 - Financial Tools for Working People with Disabilities: Long-term and Short-term Investing;
• Oct. 21 - Financial Tools for Working People with Disabilities: Work While you Maintain Your Benefits with Work Incentives and the PA ABLE Savings Program; and
• Oct. 28 - Disability Employment and Savings Success Stories

To register for a webinar, visit paable.gov/webinars. Recorded sessions will also be available for viewing.

PA ABLE offers tax-advantaged savings options for people with disabilities that do not impact eligibility for important benefits such as Supplemental Security Income and Medical Assistance.

PA ABLE accounts are easily accessible and can be used for a wide variety of disability-related expenses, from day-to-day things like groceries and rent, to larger expenses like assistive technology, vehicle adaptations and more. No federal or state income tax is paid on PA ABLE account growth or withdrawals when used for qualified expenses.

Currently to save with PA ABLE, a person's disability must be onset prior to the age of 26. Starting in 2026, this age rises to 46, expanding to include millions more Americans, including one million Veterans.

More than 11,000 PA ABLE accounts are opened with more than $177 million saved. PA ABLE is one of the largest ABLE programs in the country.

PA ABLE allows contributions of up to $19,000 annually. With ABLE to Work, this limit may be higher for those who do not contribute to an employer-sponsored retirement plan.

Employers who make matching contributions to a person's PA ABLE account are eligible for a 25 percent tax credit on up to $500. Pennsylvania is the first state in the nation to implement this type of tax credit for an ABLE program. Also, employers can also help employees save by offering automatic payroll deductions into a PA ABLE account.

To learn more about PA ABLE, visit paable.gov.