ABLE TN Features and Benefi ts fi ts ABLE TN

1 ABLE TN is a savings program designed to help individuals Features and Benefits No Impact to Federal Benefits with disabili es put aside money to pay for qualified expenses. These accounts provide the opportunity to Plan and save for future expenses There is no impact on federal means-tested benefits as long save and invest with tax-free earnings to help par cipants as your ABLE TN account balance is less than $100,000. Tax-free earnings maintain independence and quality of life. Funds in excess of $100,000 will be treated as a resource. Interest earned on funds is tax-free if used to cover qualified expenses Easy to Contribute Eligibility Convenient online management available at Contribu ons into an individual's ABLE TN account can be An individual whose disability occurred on or before their Low Fees made by: 26th birthday may qualify to open an ABLE TN account by mee ng at least one of the criteria below.

2 Check Diverse Investment Op ons Electronic Funds Transfer (EFT). The Individual: During the ABLE TN enrollment process, you will have the Automa c Investment Plans ability to select from 14 investment op ons o ered to Is eligible to receive Supplemental Security Income (SSI). par cipants. You may select one or mul ple op ons by Is eligible to receive Social Security Disability Insurance Anyone can contribute to an individual's ABLE TN account. simply assigning the percentage of your contribu ons you (SSDI). Account owners, family and friends may contribute a total of would like to allocate to each choice. Once your selec ons $14,000 each year.

3 Has obtained a disability diagnosis by a qualified physician are made, you may contribute to your account and begin and the individual or legal representa ve has signed the saving for the future. ABLE TN Cer fica on Statement included in the ABLE TN Qualified Expenses enrollment process. You have the flexibility to change your investment selec ons A qualified expense is one that is related to the individual's twice per calendar year, or you may select di erent disability. Each person is unique and the needs of There is no state residency requirement. All qualified investment op ons for each new contribu on by selec ng a the individual can vary depending on the disability, residents are welcome.

4 Simply visit and answer one- me contribu on alloca on. circumstances, and specific treatment. the ques ons on ABLE Assist to help determine if you may be eligible to open an ABLE TN account. Categories of qualified expenses include: Get Started Today! Educa on Visit to: Housing Take the Eligibility Quiz Transporta on Research Investment Op ons Employment Open a New Account Training and support Once enrolled, you may contribute, withdrawal, and update Assis ve account informa on conveniently from the online portal at technology ABLE. Personal support services Health, Preven on and Wellness ABLE TN. ABLE. Financial Management @ABLET ennessee Administra ve Services Legal fees TN.

5 P. O. Box 190637. Expenses for Oversight and Monitoring Nashville, TN 37219. Funeral and burial expenses Phone: 855-922-5386. Email: TN. In the event that funds from an ABLE TN account are used Website: on non-qualified expenses, the investment earnings will be subject to income tax and an addi onal 10% penalty tax. Can I have a Special Needs Trust (SNT) and For more informa on about the Program, please visit an ABLE TN account? and refer to the Disclosure Brochure. The informa on contained in these materials and on the website is subject to change at any me An individual may have a Special Needs Trust (SNT), an ABLE for any reason or based on guidance from the Department of TN account or both, depending on the financial strategy of Treasury and Social Security Administra on.

6 The individual with the disability. As a direct-sold plan, ABLE Achieving a Be er Life Experience Consider all investment objec ves, risks, charges, and expenses before TN o ers eligible individuals the ability to open an account inves ng in the Program. Non-Tennessee taxpayers and residents without the assistance of a financial advisor or a orney. should determine whether their home state o ers a qualified ABLE A Program of the However, we recommend anyone considering opening an Program that provides state tax or other benefits to residents not Tennessee Treasury Department ABLE TN account and a Special Needs Trust (SNT) consult available by inves ng in this Program.

7 With a financial professional to determine the best method David H. Lillard, Jr., State Treasurer for saving and inves ng funds related to your individual Tennessee Treasury Department; June 2016; Authoriza on #309273. needs.