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Treasurer Fitzgerald Encourages Individuals with Disabilities to Save and Dream

June 8, 2021

DES MOINES, Iowa – State Treasurer Michael Fitzgerald, administrator of Iowa’s Achieving a Better Life Experience (IAble) plan, encourages individuals with disabilities and their loved ones to consider the plan as a valuable savings resource. “Public benefits can play a vital role in the lives of many individuals with disabilities – providing food assistance, housing assistance, income and healthcare,” said Fitzgerald. “With IAble, individuals and their families can plan for and achieve their dreams while maintaining these important benefits.”

IAble is a savings plan for eligible individuals to pay for qualified disability-related expenses such as assistive technology, food, transportation and more.* Account assets are protected from determining eligibility for assistance programs such as Supplemental Security Income (SSI) and Medicaid. “Between six investment options and a checking account option, IAble account owners can personalize the plan to fit their needs,” Fitzgerald added. “Whether they’re investing for a new powered wheelchair, everyday essential expenses or a different goal, I support all IAble account owners in planning for their future.”

In addition to flexibility, IAble offers tax advantages for account owners and their loved ones. Any Iowa taxpayer contributing to an IAble account, including the account owner, family and friends, can deduct up to $3,474 in contributions from their adjusted gross income for 2021.**

IAble holds over $9.8 million in assets between 1,139 accounts and has an average account size of $8,617. To learn more about the plan, visit or call (888) 609-8910. Keep up with all of the Treasurer’s programs on Facebook and Twitter.


*Earnings on non-qualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as applicable state and local income taxes.

**Adjusted annually for inflation. If withdrawals are not qualified, the deductions must be added back to Iowa taxable income.  

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