ABLEnow blog: Articles

A Closer Look at ABLE Accounts

Families that have members with disabilities are eagerly awaiting the debut this year of tax-free savings accounts that will help them set aside money for short- and long-term needs.

Known as 529 ABLE or 529A accounts, the special accounts are modeled somewhat on the 529 college savings account. ABLE accounts were made possible by the Achieving a Better Life Experience Act of 2014, also called the ABLE Act.

Read more in this February 2016 article from The New York Times.

Source: The New York Times

Related Articles