NEWS FLASH! The US government has now passed the ABLE Act, allowing people who qualified with a disability by the age of 26 to have a special savings account of up to $100,000 without affecting public benefits such as SSI. The new law, which permits up to $14,000 to be added each year up to the maximum allowed, permits people with disabilities to have a tax-free ABLE savings account for their benefit, including savings for education, purchase of a home, employment supports, training, medical needs, and other benefits. |This is a terrific change in the law, which previously prevented anyone from having more than $2,000 in assets in their name. This is the most important change in disabilities law since the original Americans with Disabilities Act passed in 1990.
Details include the requirement that the individual have a qualifying disability prior to the age of 26. Each state will administer the ABLE accounts, set to be ready by the end of 2015. They will be set up similarly to the 529 college accounts. A word of caution: in the meantime, do not allow your assets to exceed the current $2000 limit!
Be sure to watch President Obama’s State of the Union address, when Sara Wolff, a young woman activist with Down’s Syndrome, will be on hand when the president mentions the ABLE Act!
Tuesday, April 21, 2015, join us for our Spring Fling, to be held at the Spaghetti Factory! We welcome your nominations for individuals who have made a significant impact in the area of disabilities. We will award the first “Mark Anderson ‘Treat Me as a Member, Not a Mission’ Award,” in memory of our late board member Mark. To nominate someone, please provide a one-paragraph explanation of that person’s deeds or impact in Oregon. Kindly submit it to InterfaithDisabilitiesofOregon@gmail.com by April 15.
Watch this space for further details of the Spring Fling!
Sunday, Oct 5, 2014, see the film “Unlisted” at the Clinton Street Theater, 2:00PM. The film is a documentary on schizophrenia and will be followed by a Question and Answer session after.
Suggested donation: $5.
Tuesday, Oct. 14, 2014, Community Connections will be held at the Doubletree Lloyd Center, beginning at 5PM. This community-wide event is open to the public, though reservations are required. Contact 503 261-1266, ext 187 for reservations.
IDNO is pleased to announce it’s new Board of Directors and Officers:
Kris Moore and Patricia Kepler, Co-Presidents
Cynthia Wilkins, Vice President
Bruce Strade, Treasurer
Corinne Spiegel, Secretary
In their second year of service are:
Rev. Janine Delaunay
Rev. Bruce Strade
In their first of 2-years of service are: