2017-08-10 / News Briefs

In brief

MiABLE saves families $2M

LANSING — The Michigan Achieving a Better Life Experience – MiABLE – program has helped Michigan families save more than $2 million for disability-related expenses in just nine months since its launch, Lt. Gov. Brian Calley announced.

MiABLE is a 529(A) savings account administrated by the Michigan Department of Treasury that offers investment and tax incentives for families and others who wish to save for individuals with disabilities. Since MiABLE enrollment began Nov. 1, more than 700 accounts have been opened, with additional accounts opening every day.

To raise awareness about the program and encourage additional savings, this month has been proclaimed as #AbleToSave Month in Michigan.

Unlike traditional savings accounts, MiABLE savings are not considered when applying for other federal or state benefits, like Social Security Disability Income, Medicaid and Supplemental Nutritional Assistance Program. MiABLE accounts also allow for savings up to $100,000 without losing other financial disability benefits.

Funds from a MiABLE account are not taxed if used for qualified disability expenses. — L.R.

Ruth Mott Foundation awards $54,000

FLINT — GST Michigan Works! has been awarded $54,000 for a second consecutive of the Jobs for Michigan’s Graduates program.

Jobs for Michigan’s Graduates is a program of Youth Solutions, Inc. a youth opportunity non-profit delivering promising practices to vulnerable youth populations across the state. Through its Jobs for Michigan’s Graduates programming, Youth Solutions envisions a Michigan where all young people are educated, employed, and career-bound. Youth Solutions is a proud partner of GST Michigan Works! in delivering impactful education and employment related services to young people in the Flint community.

Kristin Harrington, Executive Director of Youth Solutions is looking forward to expanding the program further in Flint. “Last year, our JMG program in Flint equipped nearly 250 young people with the skills necessary to overcome barriers and win in education, employment, and as citizens,” said Harrington.

Solutions offered by the program include dropout prevention, dropout recovery, and a school-to-Career component in which students participate in employability skills training and career exposure activities that prepare them for the workplace. — L.R.

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