Briese Reminds Enable Users to Act by Year’s End
(Lincoln) Today Treasurer Tom Briese reminds Nebraskans to contribute to Enable Savings Plans before December 31 to take advantage of end-of-year tax deductible contributions to the savings program.
Nebraska’s Enable Savings Plan was specifically designed to encourage persons with a disability to save for future qualified disability expenses. The Enable Savings Plan assists individuals who have a disability by providing sound investment choices for saving for the future.
Anyone who donates on the Givetoenable.com platform and files a Nebraska state income tax return will be able to take advantage of up to a $10,000 Nebraska income tax deduction ($5000 for married taxpayers filing separately). Contributions made to an Enable account from the website will count towards the annual $18,000 contribution limit.
Briese encourages Nebraskans to make use of www.Givetoenable.com, a new, free-to-use crowdfunding website designed to help Enable Savings Plan owners achieve a better life experience.
“This is the season for giving, and now is the perfect time to take a moment to add to or open an Enable account for yourself or a loved one,” Briese said.
Givetoenable.com will allow participants to raise needed funds through donations from family, friends, and others, similar to sites such as GoFundMe or Kickstarter. Funds donated through Givetoenable.com will go directly into the individual account owner’s Enable account and will not impact their benefits unlike a traditional crowdfunding webpage.
For more information about the Enable Savings Plan visit https://www.enablesavings.com/.