An Interview with Catherine Strode
Colorado has now become the 28th state to launch an ABLE program. The ABLE (Achieving A Better Life Experience) Act amends the IRS tax code of 1986. Colorado ABLE will allow individuals with disabilities to save thousands of dollars in an ABLE account without threat of losing their eligibility for benefits from the federal government.
Megan Brand, Executive Director of the non-profit organization ‘Colorado Fund for People With Disabilities,’ administers the state’s largest locally managed pooled trust and oversees a wide range of fiduciary services that protect the finances and benefits for individuals with disabilities.
In an interview with Catherine Strode, she cautions individuals and families to be well-informed about ABLE account usage. She says using the funds improperly can permanently jeopardize their public-funded support.