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Tag Archives: ABLE Act

How an ABLE Account helps families afford disability-related care

How an ABLE Account Helps Those with Special Needs

By Andre O. McDonald |

The Achieving a Better Life Experience (ABLE) Act was signed into law in December of 2014. The purpose of the ABLE Act was to provide individuals and families the ability to finance disability needs tax-free. The savings vehicle provided by the ABLE Act is similar to the 529 education savings plan. The Act allows… Read More »

What You Need to Know About the ABLE Act and special needs planning

Five Things You Need to Know About the Recently Enacted ABLE Act

By Andre O. McDonald |

On December 19, 2014, President Obama signed the Achieving a Better Life Experience Act (ABLE Act) into law. The ABLE Act will allow special needs individuals or certain individuals with disabilities to establish tax-free savings accounts that can be used to cover expenses not otherwise covered by government sponsored programs. These accounts can be… Read More »

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