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Resource Center Using Funds from Your Attainable® Account
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Resource Center Using Funds from Your Attainable® Account

Using Funds from Your Attainable® Account

Using Funds from Your Attainable® Account

Learn how to utilize a Fidelity Cash Management Account to use funds from your Attainable® account to pay for qualified disability-related expenses. Learn more by visiting our Attainable® Savings Plan page.

Transcript
We at MEFA are proud to offer the Attainable® Savings Plan, a tax advantaged account for individuals with disabilities to save for qualified expenses such as education, housing, transportation, employment, training and support, assistive technology and related services, personal support services, and health, and basic living expenses.

Please note that this transcript was auto-generated. We apologize for any minor errors in spelling or grammar.

[00:00:00] We at MEFA are proud to offer the attainable savings plan, a tax advantaged account for individuals with disabilities to save for qualified expenses such as education, housing, transportation, employment, training and support, assistive technology and related services, personal support services, and health, and basic living expenses.

The money you save in your attainable account is invested and managed by Fidelity Investments. The funds grow tax deferred with the market, and withdrawals for eligible expenses are tax free. One of the easiest ways to access the funds in your attainable account is with the Fidelity Cash Management account.

This account operates like a checking account and has all the features you need without any bank fees. Once you open the cash management account, simply link it to your attainable account and transfer your attainable funds to the cash management [00:01:00] account. In order to pay for your expenses. A Fidelity Cash Management account comes with a debit card that you can use for fee free ATM withdrawals or to make purchases.

If you have any questions about how to use your attainable savings, how to set up an account, or anything else about the Attainable program, here’s how you can reach us.