As we make our way through the holiday season, there's no better time to explore innovative ways to secure your financial future, especially if you're a CalABLE account owner. E-gifting has emerged as a powerful tool, enabling individuals with disabilities to raise funds for qualified disability expenses, build up savings, or invest in their long-term goals.
Crowdfunding has revolutionized the way we support emerging businesses, nonprofits, and individuals in reaching their financial aspirations. This year alone, more than $15 billion dollars is expected to be contributed through crowdfunding resources. Now, CalABLE account owners and their Authorized Legal Representatives can harness the potential of e-gifting by setting up a personalized page and sharing a unique link with their network of friends and family.
What makes e-gifting particularly advantageous is its seamless integration with CalABLE accounts. Contributions made by third parties through e-gifting are not considered as income by SSI or other government benefits providers, ensuring that individuals can receive the support they need without jeopardizing essential assistance programs. Setting up an e-gifting page is free and only takes a few minutes to get started.
Earlier this month, we celebrated the success story of a CalABLE Ambassador who, with the help of e-gifting, accumulated enough funds to make a down payment on a mobile home. This inspiring example showcases the tangible impact of e-gifting on individuals' lives, turning aspirations into reality.
As the holiday spirit fills the air, now is the perfect time to set up your own e-gifting page. Whether you're saving for assistive technology to enhance your daily life or aiming to boost your CalABLE investments for a secure future, e-gifting provides a user-friendly and effective platform to kickstart your financial journey.
Empower yourself with the gift of financial freedom this holiday season—set up your CalABLE e-gifting page today and invite your friends and family to contribute to your dreams. With e-gifting, you're not just receiving support; you're building a foundation for a brighter and more secure tomorrow.
I’ve heard many of you say that you wish you had known about e-gifting when you first opened your CalABLE account, which got us thinking, what are some of the other things you may have learned, that you wished you had known when you started with CalABLE? Let us know by replying to this email, and we will feature your thoughts and ideas in a future webinar.
Until next time, have a happy holiday season, and keep striving to meet your financial goals.
