Celebrating Financial Capability Month

This April, National Disability Institute (NDI) joined with nonprofits, financial institutions, businesses, government agencies and individuals across the country to recognize National Financial Capability Month. As the nation’s preeminent nonprofit dedicated to championing economic empowerment for all Americans with disabilities, NDI took this opportunity to share financial wellness resourcesblogs and social media posts containing advice from staff members and partner organizations.

Resources for Real Economic Impact

Public Benefits and Work Supports 

Understanding Resource Limitations

If you receive Supplemental Security Income (SSI), you are likely aware of the resource limit of $2,000 for single individuals and $3,000 for married couples. While this limit significantly hampers the ability of SSI recipients to save money, there are many resources that are not counted as such by the Social Security Administration, most notably, the house you own and the property it’s on. Discover more about what resources are counted by SSA.

Employment 

Reviewing the GAO Financial Literacy Forum

Highlights of a Forum: Financial Literacy: The Role of the Workplace” is a report by the Government Accountability Office (GAO) resulting from a forum of leaders and experts convened on March 17, 2015. Among the highlights, participants noted that employers are well positioned to provide financial education and should expand the typical offerings of retirement and benefits planning to include day-to-day budgeting, financial management and the importance of emergency savings. They also identified helpful strategies that can benefit employee morale and productivity, such as automatic enrollment in retirement plans and individualized financial coaching.

Taxes and Tax Preparation 

Thankful for the End of Tax Season

We made it to April 18! Thank you for all your hard work this tax season. To date, over 194,000 tax filers used MyFreeTaxes to file their returns this year. The MyFreeTaxes software will continue to be available through October for filers who received extensions. Stay tuned for more information about an end of season MyFreeTaxes webinar. You can contact partners@myfreetaxes.com with any questions or to share success stories.

Financial Education 

Exploring a Financial Education Clearinghouse

Are you looking for specific tools, resources or ideas to help you start or enhance your financial education program? If so, check out Jump$tart’s Financial Education Clearinghouse. The Clearinghouse is the premier online library of financial education resources for teachers, parents, caregivers and anyone committed to financial education.

Asset Development 

Springing Ahead Towards Financial Capability

April offered the opportunity to spring into action and infuse financial literacy into service delivery models. What a great chance to impart your attitude towards managing personal finances from a position of knowledge, skills development and behavior change! Learn more about tracking financial capability and housing stability outcomes.

Public Policy 

Amendments to the ABLE Act Introduced in Congress

On March 17, 2016, a bipartisan group of members of Congress introduced a package of bills aimed at enhancing the benefits provided through the Stephen Beck Jr., Achieving a Better Life Experience (ABLE) Act. This package of bills consists of the following three pieces of proposed legislation: the ABLE to Work Act, ABLE Financial Planning Act and ABLE Age Adjustment Act. Read details about each of the proposed amendments on the ABLE National Resource Center website.

[back to top]

Issue 25 - April 2016

In This Issue

Celebrating Financial Capability Month

Benefits: Understanding Resource Limitations

Employment: Reviewing the GAO Financial Literacy Forum

Tax Preparation: Thankful for the End of Tax Season

Financial Education: Exploring a Financial Education Clearinghouse

Asset Development: Springing Ahead Towards Financial Capability

Public Policy: Amendments to the ABLE Act Introduced in Congress

Upcoming Events

Not a Member of the REI Network?

If you received this from a colleague, you, too can be part of NDI's Real Economic Impact Network. Sign up today!

Stay in Touch with NDI & the REI Network!

facebook icon Facebook
twitter icon Twitter
linkedin icon LinkedIn
YouTube icon YouTube
envelope icon Contact Us
National Disability Institue Logo

www.realeconomicimpact.org

Upcoming Events 

[back to top]


This email was sent to *|EMAIL|*
why did I get this?    unsubscribe from this list    update subscription preferences
*|LIST:ADDRESSLINE|*