Disability and Financial Capability Strategies
While employment is critical to attaining a stronger economic future for American workers, the development of financial capability strategies related to personal savings, managing credit, and budgeting are also critical for sustaining financial security. This security helps individuals achieve employment outcomes. The following resources can help the American Job Center leverage partnerships and resources to facilitate access to financial capability services for customers with a disability.
- Tax Highlights for Persons with Disabilities - This IRS publication includes information to help in preparing 2017 tax returns for people with disabilities. It includes highlights about income, itemized deductions, tax credits, business tax incentives and ABLE accounts.
- Taxes and Tax Preparation - Learn how you can inform people with disabilities, veterans and job seekers about free tax assistance and how to integrate free tax preparation programs into your current services.
- Integrating Financial Education Programs into American Job Centers and Community-Based Organizations - This toolkit can serve as a guide to understanding financial education, identifying financial education programs for consideration, providing tips and tools on how to embed financial education into existing workforce development programs, and will provide additional resources to support continued learning.
- FDIC Youth Employment Resource Center - Learn about resources from the Federal Deposit Insurance Corporation (FDIC) that support financial education for youth participating in employment programs. In particular, FDIC’s Money Smart curricula can help meet the WIOA financial literacy element.
- Financial Education Resource Guides - These quick reference and disability supplemental guides are designed to provide financial educators, American Job Centers, Vocational Rehabilitation and community-based organizations access to resources and tools specifically for persons with disabilities.
- The ABLE Act: A Tool for Financial Stability and Employment Outcomes - An Achieving a Better Life Experience (ABLE) tax-advantaged savings account can enable people with disabilities to achieve competitive integrated employment, begin to save more than $2,000 without fear of loss of public benefits and set longer-term goals for financial stability. Learn more about ABLE accounts and access tools and resources through the ABLE National Resource Center.