January 2015

The ABLE Act: A new type of savings vehicle for the first time offers the disabled and their families the benefits of tax-free growth.

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This new savings plan for individuals with disabilities (called 529 ABLE) was authorized by Congress in late 2014. It is similar to 529 college plans, but it allows people with disabilities and their families to establish tax free savings for “qualified expenses” that include education, housing, transportation, employment training, legal … Read More >