Oklahoma ABLE

The OK ABLE Program empowers individuals with disabilities to build financial security without risking eligibility for crucial benefits like SSI and Medicaid. It offers tax-deferred growth on savings. Earnings are tax-free as long as they are used for qualified disability expenses, such as housing, health, assistive technology, education, legal expenses, transportation, and more. Contributions to Oklahoma STABLE accounts are eligible for a state income tax deduction of up to $20,000 per year for joint filers and $10,000 for single filers. Learn more: OK ABLE Program (https://oklahoma.gov/treasurer/ok-able-plan.html)