What’s New With Able Accounts?

2019-07-02T20:51:14-04:00July 27th, 2016|

Remember the Achieving a Better Life Experience (ABLE) Act, which was passed in 2014 and authorized tax-favored savings accounts for people with disabilities? Proposed regulations issued in 2015 provided a blueprint for creating these ABLE accounts and authorized the IRS to develop forms needed for reporting purposes. Another law passed in December 2015 eliminated certain [...]