Program Overview
The Arizona AZ ABLE Account Program is administered by the Department of Economic Security and assists disabled people in saving their money in AZ accounts without losing their disability benefits. The ABLE account was developed by the federal government but every state manages it according to its state policies.
Program Objectives
In most states, disabled people are required to show that they do not have enough bank balance to support their daily expenses to get disability benefits. If they do have any money saved in a bank account that exceeds the total program’s limits they are disqualified for disability benefits. This makes people who apply for disability benefits live with a very small amount of money and are not financially independent.
The main objective of the Arizona AZ ABLE Account Program is to provide special needs people with more opportunities to save and invest their earnings without having the fear of losing their disability benefits including SSI, Medicaid, and other public programs.
Program Benefits
The various benefits provided by the Az ABLE Account Program include,
- Disables individuals are provided financial independence and empowerment to make their own financial decisions
- The AZ ABLE program allows disabled people to save and invest a minimum of $18.000 per year after they lose their need-based benefits. However, this still makes them eligible for some public programs.
- The program helps disabled people to use the funds on education, housing, medical care, household needs, transportation, and other such activities. It should be kept in mind that as long as the individual’s earning is spent on Qualified Disability Expenses they are not subjected to the federal income tax criteria.
Eligibility Requirements
Certain factors determine your eligibility for the program and if you fulfill those requirements you can qualify for the Az ABLE Account Program,
- The applicant is a permanent citizen of the U.S. or is a legal alien
- The applicant is a resident of the state of Arizona
- The individual is disabled from the age of 26 years
- Or, the individual has been disabled for at least one year
- The individual is eligible for the Supplemental Security Income (SSI) or the SSDI benefits
Kindly visit the Department of Economic Security’s official website for further details about the program eligibility.
How to Apply
Applicants who are interested in the Az ABLE Account Program can learn about the program and its eligibility criteria and enrollment method in different ways including,
Apply online
You can apply for the AZ ABLE Account Program by going to the Arizona Department of Economic Security official website to find the program’s online application form. Here you will also find the application forms for other related programs. You can enroll for the Az ABLE program online by going to the az-able.com website where you will have to pay a 25$ amount to open your account.
Apply through the local district office
Applicants who are interested in the AZ ABLE Account Program can visit the Arizona Department of Economic Security office in your locality to make a personal application. After finding a nearby office, you can visit it to get guidance regarding the program eligibility and application procedures. You can visit the DES office to find a detailed list of contact numbers and find the one for your area.
Once the form is filled out and you have attached all the required documents, you can then submit the application form which will be further processed by the office.
Apply via phone call
Individuals interested in the ABLE Account Program in the state of Arizona can call the Arizona Department of Economic Security at the following number,
1-800-439-1653
Using the above numbers, you will be connected to the Az ABLE program’s representative who will guide you about the program and its application procedure. The application form will be delivered to you either by mail or post. By calling the above numbers, you can talk to highly qualified members of staff who can answer any queries you might have regarding the program in the state of Arizona. You can also email team@stableaccount.com to learn more about the program
The applicants can also visit the Arizona official Marketplace to see if they qualify for the program. The Marketplace provides information about all the major topics including program details, goals, and eligibility criteria for the ABLE program in various states of the United States of America.
For Further Information
For more information about the Arizona AZ ABLE Account Program, kindly visit the Arizona Department of Economic Security website. It provides complete and accurate information about the program and its services. The above-mentioned website will help you learn more about the program and its requirements related to the application process and eligibility criteria, the program’s working procedure, and the types of services that the Az ABLE program provides to the eligible citizens of Arizona.