CalABLE Quarterly April 2021
From the Director
One size does not fit all.
Each individual and every family situation differs—and their reasons for opening a CalABLE account and how they use it differs as well. And yet, we hold some things in common: all of us are concerned about our financial future, especially during the Coronavirus pandemic. This global emergency affects all our lives and will continue to impact our finances for a long time to come. And depending on circumstances, everyone’s response will vary.
- Dante Allen
- Executive Director
In This Issue
Pay Down or Pay Off Debt
Life is unpredictable. At the beginning of 2020, the stock market was at record highs, housing prices were rising, and unemployment was at record lows. The general assumption at the beginning of the year was smooth sailing ahead.
Your SSI and Stimulus Check
If you receive Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI), you may be wondering when you will receive your $1400 stimulus payment recently approved by Congress.
Accelerate Your Retirement Savings
A retirement plan isn’t technically an investment—at least not in-and-of-itself. But it is a platform in which to do your investing.
Invest in Yourself
This is one of my favorite “investments,” even though most people probably don’t think of it that way.
Monitoring Your CalABLE Account
Your CalABLE account provides an opportunity to save for your future without losing benefits. However, there are certain types of responsibilities that come along with managing your account.
CalABLE Ambassadors know firsthand how important it is to promote financial health and resources that enrich their own life, as well as the community around them.
“Disability is a matter of perception. If you can do just one thing well, you’re needed by someone.”