On December 3, 2014, the House of Representatives passed legislation that would allow qualifying disabled persons to establish tax-free savings accounts similar to 529 plans to pay for a host of expenses, including, but not limited to, housing, transportation, and medical expenses. The Achieving a Better Life Experience (ABLE) Act of 2014 is expected to
ABLE
ABLE Accounts for Disabled Individuals – Senate is now ABLE to Act
By Daniel B. Axman on
On December 3, 2014, the House of Representatives passed legislation that would allow qualifying disabled persons to establish tax-free savings accounts similar to 529 plans to pay for a host of expenses, including, but not limited to, housing, transportation, and medical expenses. The Achieving a Better Life Experience (ABLE) Act of 2014 is expected to…