The Basics of the ABLE Act By ElderCounsel Special Needs Planning Achieving a Better Life Experience (ABLE) Act was signed into law on December 19, 2014. The ABLE Act amends Section 529 of the Internal Revenue Service Code of 1986 to create…
National Special Needs Law Month: New Rules for ABLE Accounts By Jill Roamer, J.D., CIPP/US Special Needs Planning It's National Special Needs Law Month, let’s take a look at recent final regulations issued by the Internal Revenue Service (IRS). The new regulations clarify rules regarding ABLE…
An Introduction to ABLE Accounts When Congress passed the Achieving a Better Life Experience (ABLE) Act in 2014, it was a game-changer for families with special needs. For the first time there was a tax-advantaged way to put money aside for…