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Able Accounts – Where have you been? Guest Post from Kile Pelletier

Able Accounts – Where have you been? Guest Post from Kile Pelletier

Able Accounts where have you been? It has been a long time that Maine has been waiting to have Able Accounts. So that people with disabilities had a place that they can save money. We would have to hide money so that we could save money without getting it taken away. There were a lot of states in the United State that have had Able Account. My wife and I opened an Able Account so that we can start to plan for our future. We want to build a home for ourselves and think about have kids one day. Money in an Able Account we know we will not get taken away.

It is easy to open an Able Account. If you live near Bangor Savings Bank then you walk in to the Bank and ask if you can open an Able Account. They don’t ask you to prove you have a disability. They say yes. You can open it by filling out some paperwork and then you need to sign some documents. You have to open the account with $25.00 and you can save up to $15,000. They will give you debit Card that goes to your account. There are no fees with an Able Account. They also have the ability to deposit checks from your phone. Why am I telling you this? I opened my Able Account This is the start of the future for my wife and I without getting penalized for savings. I know you can to. You can save money for your future.

I want to say thank you to Bangor Savings Bank for your hard work on this and time it took to open this for people with disabilities in Maine. Thank you also to the Maine Developmental Disability Council for working on this.

If you are self advocate and would like to share a blog post with us please email Laurie Coldwell at [email protected]   

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