Governor Nathan Deal Launches Georgia STABLE Program
June 14, 2017, ATLANTA (CBS46) - Governor Nathan Deal announced the launch of the Georgia STABLE program today at the Georgia State Capital. This program allows Georgians with disabilities and their families to create tax-deferred savings accounts without giving up critically needed Medicaid and Supplemental Security Income (SSI) benefits.
“This is a chance for Georgians with disabilities to be able to save their own money and invest it in a way that will allow more opportunities for them to live, work and contribute to their local communities,” said Eric Jacobson, executive director of the Georgia Council on Developmental Disabilities (GCDD). “Georgia STABLE will be a major way to meet their financial needs and goals.”
Georgia will join the Ohio Stable program, along with Kentucky, Vermont, and Missouri.
Individuals can withdraw the money to pay for qualified disability expenses such as education, employment training and support, housing, health and wellness and transportation.
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The original article was posted June 14, 2017 on WGCL-TV Online (CBS46).
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