Heard about ABLE Accounts, but not quite sure what they are or if you are eligible? ABLE Accounts are tax-advantaged savings accounts for individuals with disabilities and their families, created as a result of the passage of the Stephen Beck Jr., Achieving a Better Life Experience Act of 2014 or better known as the ABLE Act. The beneficiary of the account is the account owner, and income earned by the accounts will not be taxed. Contributions to the account made by any person (the account beneficiary, family and friends) is made using post-taxed dollars and will not be tax deductible, although some states may allow for state income tax deductions for contribution made to an ABLE account. To learn more, please click here. To view a webinar, please click here. ABLE Accounts, Trusts, Financial and Benefits Planning
18-Oct-2016
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