ABLE Account Owners Who Work Can Save More Through 2025
ABLE 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 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. ...
Read moreThe maximum amount that can be contributed each year to an ABLE account for a person with disabilities just rose $1,000 to $16,000. The figure had been stuck at $15,000 since 2018. ...
Read moreABLE accounts and special needs trusts can accomplish the same goals, but each has its advantages and limitations. The best approach, depending on the beneficiary, may be to use them in tandem.
Read moreMore than six million people whose disabilities arose later in life will be able to open ABLE savings accounts if a bill just reintroduced in Congress, the ABLE Age Adjustment Act, becomes law.
Read moreRecipients with disabilities who rely on government benefits may want to consider putting some or all of the $1,400 relief money into an ABLE account.
Read moreABLE accounts are proving to be less of a savings vehicle and more of a game-changer that allows beneficiaries of programs like SSI to pay for their own living expenses and achieve an unprecedented level of independence.
Read moreThe IRS has released final regulations on tax-free savings accounts that allow people with disabilities to pay for disability-related expenses without jeopardizing government benefits.
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