First National Bank of Omaha and Nebraska State Treasurer Don Stenberg announced the Enable Savings Plan’s participation in #ABLEtoSave Month, a national campaign to increase awareness of ABLE savings plans for individuals with disabilities.
The announcement was included in the #ABLEtoSave Month proclamation issued Wednesday by Lt. Gov. Mike Foley at a proclamation signing ceremony in the Warner Chamber of the State Capitol.
The nationwide #ABLEtoSave Month campaign, spearheaded by the ABLE National Resource Center, is intended to educate individuals with disabilities, their families, financial institutions, and the public about ABLE accounts and the financial independence they provide to the disability community.
“We are proud to stand beside the ABLE National Resource Center, disability organizations, and ABLE programs across the nation to celebrate the federal ABLE Act and the financial independence it provides for individuals with disabilities and their families,” said Treasurer Stenberg, Trustee of Enable. “It is wonderful to see such widespread support for this important cause.”
The Enable Savings Plan will promote #ABLEtoSave Month through its blog and Facebook page, addressing themes such as eligibility, qualified disability expenses, financial literacy, and enrollment.
Launched one year ago, the Enable Savings Plan was among the first national ABLE savings plans offered, providing tax-free savings accounts to people with disabilities and allowing them to save without affecting their public benefits such as Medicaid and SSI.
“The passage of the ABLE Act has changed many lives for the better and has opened up opportunities that previously did not exist for individuals with disabilities,” said Deborah Goodkin, Managing Director, College Savings Plans, First National Bank of Omaha. “This has been a successful first year for the Enable Savings Plan, and this month is an exciting opportunity for us to connect with our community and spread the word about the many resources Enable offers.”
Passage of the federal ABLE Act was followed by passage of a state law creating an ABLE savings program in Nebraska. Sen. Kate Bolz of Lincoln introduced the legislation, which was signed by Gov. Pete Ricketts in 2015.
The Nebraska #ABLEtoSave Month proclamation can be found here: Governor's Proclamation 2017.
To follow updates on the #ABLEtoSave campaign and learn more about the Enable Savings Plan, visit EnableSavings.com or treasurer.nebraska.gov, read the Enable Savings Plan blog and like Enable on Facebook.
Enable is a tax-advantaged savings plan to help make saving simple and affordable for individuals with disabilities. The Nebraska State Treasurer serves as Program Trustee. First National Bank of Omaha serves as Program Manager, and investments are approved by the Nebraska Investment Council. Visit EnableSavings.com and treasurer.nebraska.gov for more information.
About First National Bank of Omaha
First National Bank is a subsidiary of First National of Nebraska. First National of Nebraska is the largest privately owned banking company in the United States. First National and its affiliates have more than $21 billion in assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.