A Nebraska family says a new savings program giving tax breaks to care for the disabled will greatly benefit them.
A series of events in Nebraska will lead to the official launch of the Enable Savings Plan, which will allow tax-free savings to pay for the everyday expenses of the disabled.
Brandon Verzal of Lincoln is father to 9-year-old Alexis, a victim of shaken baby syndrome while in a Texas daycare.
“Children and adults with special needs or disabilities, their families, every day is about working toward independence,” Verzal tells an audience gathered to highlight the Enable Savings Plan. “And that’s the way it was for our family.”
Alexis was 14-months-old when she suffered a traumatic brain injury while in the care of a Texas daycare.
Verzal says the family sold everything it had to pay for medical care, moving back to Nebraska so Alexis could receive treatment at Madonna Rehabilitation Hospital in Lincoln.
Verzal worries about how Alexis will take care of herself once he and her mother are gone.
“And so this Enable Savings Plan eases that tension, that fear of what her future is going to be,” according to Verzal. “It gives that extra tool toward that independence.”
The state Treasurer is the trustee of the Enable Savings Plan. First National Bank of Omaha will manage the accounts for a fee. The savings plan provides a tax break on savings used to pay for the care of a disabled individual.
It officially launches June 30th, with a series of events publicizing the program planned leading up to the launch.
Click here for the Enable Savings website.
AUDIO: Brent Martin reports [:50]