DES MOINES – This holiday season, State Treasurer Roby Smith is inviting family and friends of IAble account owners to give the gift of financial freedom to an individual in their life. IAble, Iowa’s Achieving a Better Life Experience (ABLE) plan, helps people with disabilities, and their support system save for qualified expenses while protecting essential benefits. Smith says “As the holiday season approaches, many of us are thinking about how to give meaningful gifts. Contributing to an IAble account is a powerful way to support independence for people who have a disability. In addition, it’s a gift that can make a lasting difference well beyond the holiday season.”

Giving to an IAble account enables family and friends to assist and actively participate in enhancing the quality of life for people with disabilities. Additionally, any Iowa taxpayer can deduct up to $5,800 in contributions to an IAble account from their state income taxes for 2025.

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More about IAble:
IAble, administered by State Treasurer Roby Smith, provides eligible people with disabilities and their support systems a way to save money while maintaining crucial benefits for federally means-tested programs such as Supplemental Security Income (SSI) and Medicaid. Funds in IAble accounts can be used to cover qualified disability expenses like assistive technology, support services, medical bills and much more. If you or a loved one could benefit from an IAble account visit IAble.gov.

For more details about IAble, review the Plan Disclosure Booklet.