Please Note: Our November meeting in 2022 with be Monday 11/14/22 (the second Monday of the month, rather than the third).
NAMI South Bay Monthly Meeting (Virtual)
Monday, November 14, 2022
Dante Allen, the Executive Director of the State of California Achieving a Better Life Experience (CalABLE) Program, will present information on the program. CalABLE is a savings and investment plan offered by the state of California to individuals who developed a disability by age 26.
Eligible individuals, family, friends, and employers can contribute up to $16,000 per year, and up to $100,000 total, without affecting eligibility for public disability benefits. CalABLE account owners who work can contribute even more to their accounts. Best of all, earnings on qualified withdrawals are federal and California state tax-free. Small amounts may still be very helpful in providing funds for persons with a mental illness and avoiding problems with government benefits.
This presentation will cover CalABLE basics and provide you with an opportunity to ask any questions you may have about CalABLE. This program provides a very valuable option for families and persons with a mental illness to consider.
This meeting will be conducted via Zoom. To attend, see our Monthly email Newsletter for login information or contact Paul Stansbury for information and access. firstname.lastname@example.org.