FAQs About COVID-19 Stimulus Payments and ABLE Accounts

The federal government approved a special payment to help the country during the COVID-19 pandemic. Payments must be spent or put into an ABLE savings account within 12 months or they will count as an asset and could reduce your benefits. The New Jersey Council on Developmental Disabilities (NJCDD) created a fact sheet that provides guidance on the recently issued stimulus payments as it relates to government benefits and the maintainance of an ABLE account for people that have one or wish to open one.

Categories

Caregiver/Staff Resources
COVID-19 Updates
Emergency Financial Assistance

About the database

YAI’s COVID-19 Database was created to help people find services and information during the coronavirus pandemic. The services listed are provided by organizations outside of YAI. Questions about specific resources may be directed to the contacts listed.

To learn more about YAI

If you have general questions about services for people with intellectual or developmental disabilities (I/DD), please contact the LINK Department at 212.273.6182 or link [at] yai.org.