The launch of STABLE accounts was announced at a news conference in Cincinnati on Wednesday
On Wednesday, Ohio Treasurer Josh Mandel announced the
launch of State Treasury Achieving a Better Life Experience (STABLE) accounts. STABLE accounts allow individuals with
disabilities to save and invest money for their future while remaining eligible
for certain public benefit programs. Ohio is the first state in the country to implement a process for enrollment for
eligible individuals living with disabilities.
STABLE Accounts are made possible by the federal Achieving a
Better Life Experience (“ABLE”) Act passed by Congress in 2014. STABLE Accounts allow individuals with
disabilities the opportunity to save and invest money without losing
eligibility for certain public benefits programs, like Medicaid, Social Security Income (SSI) or
Social Security Disability Insurance (SSDI). Earnings in STABLE Accounts are
not subject to federal income tax, so long as funds are spent on qualified
disability expenses.
Participants in the STABLE program can use the money in
their individual account for qualified expenses, such as education, healthcare,
housing and transportation. The new
accounts were made possible by House Bill 155 which was signed into law by
Governor Kasich in July of 2015.
STABLE Accounts have similar features to normal bank
accounts, but are also investment accounts, similar to 529 college savings
accounts or 401(k) retirement accounts.
When a participant deposits money into their STABLE Account, the money
can be invested in different options chosen by the participant. While participants can still withdraw and
spend money as needed, a STABLE Account also allows money to grow and to save
for long-term disability expenses.
Eligible individuals can set up their STABLE Account for
free at www.stableaccount.com. An initial contribution of at least $50 is
required in order to set up an account.
As the parent of a child with a disability, I am excited to
see this important financial tool become a reality. OOD provided guidance to the Treasurer’s
office as they built and prepared the infrastructure to launch this
program. We are working on steps to coordinate
any necessary training our work incentive consultants will need when assisting individuals
with disabilities gain employment.
A major goal of OOD's Business Engagement Unit
involves assisting organizations in removing barriers to employment. This includes dialogue with our partners in
state government. Until this year, one
of the first questions on the general State of Ohio Application was "Do
you have a driver's license?" with required data
fields for the specific driver's license number. But people who did not possess a driver’s
license could not indicate that they had a valid form of identification such as a state ID or passport. The driver’s license question was clearly intended for identification purposes,
not as a necessary qualification for a position involving driving.
As co-chair of Workforce Integration Task Force
(WIT), I highlighted this issue as an example of unintended barriers to
employment. In the follow-up discussion
surrounding the WIT final report, we began conversations with the Department of
Administrative Services (DAS) on how best to address the issue. DAS was able to make the driver’s license
question optional and worked with us to communicate this change. We are happy to be able to help remove a
potential barrier to employment for all people; including individuals with
disabilities, and are hopeful that this will open the door for all qualified
individuals to be considered for employment with the State of Ohio.
To search for State of Ohio jobs, including
openings at OOD, please visit the Ohio Hiring Management System at http://careers.ohio.gov .
If you are an employer looking to hire or retain
people with disabilities, or to learn more about breaking down potential
barriers to employment, feel free to reach out to the OOD Business Engagement Team via e-mail at HiringAbility@ood.ohio.gov.
Speaker Cliff Rosenberger, center, signs a bill designating a "Service Dog Awareness Week," as Rep. Margaret Ann Ruhl, from left, Janet Newcity, Jess Casamassimo and Christopher Cooley observe (Photo courtesy of Mike Elicson/Ohio House of Representatives)
House Bill 121, which became effective this month,
designates the last week of July as Service Dog Awareness Week. The goal is to raise awareness about the
important role that service dogs play in the lives of individuals with
disabilities. Although protected by the
Americans with Disabilities Act (ADA), business owners and the general public
may not be aware of the laws permitting service animals in public spaces.
The legislation was inspired by Christopher Cooley and his
service dog, Conrad. Christopher started
the Guide
Dog/Service Dog Night Out Group to bring together Ohioans with disabilities
and to help spread awareness about the importance of service dogs.
Vocational Rehabilitation
Current
FFY2016
Individuals in Job Ready
Status: 3,317 4,589
(For county level
information
& map visit our website)
Individuals Employed:
1,965 4,407
(Employed, not yet
successfully closed)
Successful Closures: 4,489
(Employed for over 90
days,
case closed
successfully)
Disability Determination
(FFY2016 as of 05/27/2016 – Week 35)
Applications Received:
133,964
Determinations:
135,779
Productivity Per Work
Year (PPWY) 376.4
(Total number of cases
processed divided
by the number of work
years funded)
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