Deposit Up to $19,000 in Your ABLE Account in 2025
The annual contribution limit for an ABLE account each year typically goes up in line with the annual gift tax exemption.
Read moreThe annual contribution limit for an ABLE account each year typically goes up in line with the annual gift tax exemption.
Read moreEvery family has different needs and circumstances when assessing whether a special needs trust or ABLE account is the better option for their loved one with disabilities.
Read moreThe Tax Cuts and Jobs Act (TCJA) of 2017 made significant changes to the U.S. tax code. Many of its provisions are set to expire, or "sunset," at the end of 2025. It also made three key changes to ABLE accounts that...
Read moreABLE accounts can enhance quality of life for people with disabilities, offering financial protection while preserving access to public benefits for some individuals.
Read moreQualifying people with disabilities can accumulate savings in a tax-free ABLE account without risking their means-tested public benefits. In 2024, the annual limit on how much money one can deposit into these accounts will rise to $18,000 per year.
Read moreU.S. Sen. Bob Casey (D-PA) has announced a new bill that seeks to make it easier for people in the disability community who are living with limited resources to open an ABLE savings account.
Read moreABLE account owners who are employed can contribute work income to this type of account beyond the typical $17,000 annual threshold until the end of 2025.
Read moreThe Senate and House have cleared the passage of a year-end $1.7 trillion appropriations bill that will affect people with disabilities on several fronts.
Read moreThe list of things you can spend Achieving a Better Life Experience (ABLE) account funds on is long, and keeps growing. ...
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