Oklahoma Treasurer Launches Program for Residents with Disabilities

Oklahoma is launching a program aimed at helping individuals with disabilities and their families save and invest, State Treasurer Ken Miller announced on Thursday at the state Capitol.

The program, called STABLE, provides tax-advantaged savings accounts for Oklahomans with disabilities to be used to pay for medical bills, education, housing and more. STABLE accounts may be used to save up to $15,000 per year, and investment earnings are exempt from state and federal taxes when used for qualified disability expenses, according to Oklahoma’s STABLE website.

“For too long, Oklahomans with disabilities have been denied easy access to savings and investment opportunities, and that stops today,” Miller said.

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