WEBINAR SERIES

October 6, 2020 December 8, 2020

Webinar Schedule:

What is WVABLE?
October 6, 2020 from Noon to 1:00 p.m.

Presented by: Roxanne Clay, WVABLE Director 

The rules have changed! WVABLE is a new savings and investment account program made possible by the federal Achieving a Better Life Experience Act of 2014 (ABLE). This life changing program allows many qualifying individuals with disabilities the ability to save and invest up to $15,000 per year, and up to $27,490 if employed, without losing government benefits such as Medicaid or SSI. Earnings grow tax free and can be spent at any time for qualified disability expenses.

WVABLE – Easy to enroll. Easy to use.
October 13, 2020 from Noon to 1:00 p.m.

Presented by: Thomas Hatch, Ohio STABLE

This session will cover the step by step process of enrolling in a WVABLE STABLE Account and provide tips on how to make the process as smooth as possible. We will also cover the most common methods of spending from the account and include a highlight of the STABLE Card, the program’s loadable Visa debit card.

WVABLE: Your tool for saving and staying on a budget
October 20, 2020 from Noon to 1:00 p.m.

Presented by: Josh Juckett, BB&T now Truist

Living with a disability is expensive and financial planning is important to maintaining and achieving financial independence. This session will educate participants on how to create a financial plan based on their financial goals to pay for current and future expenses such as: medical, education, transportation, housing and other living expenses. Participants will learn how to incorporate WVABLE as a saving and budgeting tool in reaching their financial goals and increase financial independence.

Climbing out of poverty
October 27, 2020 from Noon to 1:00 p.m.

Presented by: Jennifer Tenney, WVU Center for Excellence in Disabilities 

Choosing to live on Supplemental Security Income (SSI) is choosing to live a life in poverty. This presentation will explain the details on how having employment is always financially better when you are receiving SSI. Participants will learn how Social Security calculates countable income for SSI check reductions, how to apply work incentives to the reduction of countable income, how to report wages to SSA, how to initiate a Plan to Achieve Self Support (PASS), and how the WVABLE legislation/accounts work with SSI to increase financial independence.

Employment for all: Why it’s important and where to begin
November 10, 2020 from Noon to 1:00 p.m.

Presented by: Steve Wiseman, WV Developmental Disabilities Council and Travis Kline, Job Squad, Inc.

This session will focus on the importance of employment, productivity, earnings, and social valuation on mental well-being and belonging for individuals with disabilities. The presenters will also address how employment opportunities are created for people with disabilities across West Virginia. Participants will also learn how the additional income earnings gained from employment can be used to fund their WVABLE accounts and how increased earnings and savings increase the opportunity for financial independence and improve quality of life for individuals with disabilities.

Preparing for your future – Special Needs Trust and WVABLE
November 17, 2020 from Noon to 1:00 p.m.

Presented by: Anna Price, Esq., Jenkins Fenstermaker, PLLC

Everyone needs to prepare for the future. All individuals require more assistance and care as they age but this is especially true for individuals with a disability. There are several ways that an individual with a disability and their family can better prepare for the future. This session will look at Special Needs Trusts and ABLE accounts as two ways to prepare for future needs.

Luke Stone IllumiNATION Fund: Who can benefit
December 1, 2020 from Noon to 1:00 p.m.

Presented by: Rebecca Stone, Luke Stone IllumiNATION Fund

Having a child with a disability does not come with an instruction booklet and it is important for parents and guardians to learn early on to start planning for their child’s future. It is also important for the professionals who guide them to have accurate information, relevant resources, and an optimistic outlook for the child’s future. The first portion of this session will focus on practical ways to support individuals with a disability and their parents/guardians, as well as factors that may prevent them from considering future planning. Participants will also learn about the Luke Stone Illumination Fund (LSIF), the first charitable organization of its kind, focused on recognizing the strength and beauty of the challenges overcome by people with disabilities. Through an essay contest, the LSIF Board of Directors selects a winner each year to receive a $1,000 award, made directly into the individuals WVABLE account. You will learn how to access additional information about the LSIF, our recent award recipients, and how you or someone you know can apply.

PANEL: A candid discussion about WVABLE
December 8, 2020 from Noon to 1:00 p.m.

Presented by: Christy Black, Parent/Advocacy Specialist with Developmental Disability Council; Steve Slack, Parent/Advocate and DS Ambassador with the National Down Syndrome Society; Cindy Brockman, Advocate/President of People First of the Eastern Panhandle

During this panel discussion, participants will hear firsthand from parents and advocates that own and/or manage WVABLE accounts. The panelists have a lot to share including knowledge of how WVABLE became law. Participants will learn about the ease of making withdrawals including the use of the reloadable STABLE debit card to pay for qualified disability expenses. Panelists will also share the importance of future planning and how WVABLE is helping them reach their short term and long-term savings goals. Additionally, attendees will learn about the benefits of employment and how saving and investing a portion of those earnings in a WVABLE account can lead to developing independence, financial security and overall improved quality of life for the individual with a disability.

The Treasury does not collect state taxes. Visit the The West Virginia State Tax Department for assistance.

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