Series 6: 5.5.2. ABLE Accounts

Taken from our Series 6 Online Guide

5.5.2. ABLE Accounts

In 2016 states began to offer a new kind of tax-advantaged account called an Achieving a Better Life Experience (ABLE) account. ABLE accounts are designed to allow disabled people and their families to save for the future without being penalized for having these savings. Under the Achieving a Better Life Experience Act, disabled persons can still receive public benefits for disabilities, which usually require r

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