Building a better financial future for people with disabilities

Building a better financial future for people with disabilities

April 28, 2016

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Welcome!Jay Rowell, Deputy State Treasurer

Keynote Speaker:Michael Morris, Executive Director National Disability Institute

II. What We Know About People With DisabilitiesThe median income for an individual with a disability was $20,515, while the median income for a non-disabled adult was $31,105 (2013 Census data). Only 19.8 percent of people with disabilities are actively in the labor force as compared to 69 percent of people without disabilities (July 2015).

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II. What We Know About People With DisabilitiesThe poverty rate for people with disabilities is 28.4 percent, nearly double the U.S. national average. One in three people with disabilities live in poverty.

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III. Banking Status and Financial Behaviors (cont.)Over 5 million households headed by a working age adult with a disability is unbanked or underbanked. Almost one in two working age adults with disabilities are unbanked or underbanked.

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Conference attendees included leaders of non-profits, professionals in the financial services industry municipal representatives and special needs individuals and families.

Attorney Kirsten Izatt speaks to participants about the Pitfalls and Possibilities of ABLE accounts

Karen Thomas the Senior Vice President of Community Development at MB Financial shares how much she learned at the conference.

Ms. Beverly Walker, Director of the Vocational Incubator Program describes VIPs goals and accomplishments with conference guests.

Conference attendees network during breaks

Representatives of Republic Bank present RCL Executive Director Fred Stupen with a sponsorship check for $1,000.

COME JOIN US!

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