Information about the #ABLE Act
ABLE accounts:
Are established in the new Section 529A Qualified ABLE Programs
Are qualified savings accounts that receive preferred federal tax treatment
Enable eligible individuals to save for disability related expenses
Are NOT yet available, and there are still some unknowns
Assets in and distributions for qualified disability expenses will be disregarded or given special treatment in determining eligibility for most federal means-tested benefits
The following slides (embedded) explain the ABLE Act in more detail.
This webinar was recorded and the materials will be
placed on the National Disability Institute website at www.realeconomicimpact.org
Are established in the new Section 529A Qualified ABLE Programs
Are qualified savings accounts that receive preferred federal tax treatment
Enable eligible individuals to save for disability related expenses
Are NOT yet available, and there are still some unknowns
Assets in and distributions for qualified disability expenses will be disregarded or given special treatment in determining eligibility for most federal means-tested benefits
The following slides (embedded) explain the ABLE Act in more detail.
This webinar was recorded and the materials will be
placed on the National Disability Institute website at www.realeconomicimpact.org
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