Personal Injury
The Achieving Better Life Experiences (ABLE) Act
The Achieving Better Life Experiences (ABLE) Act became law in December 2014. It allows individuals who become disabled before age 26 to open special accounts to be used for disability-related expenses. ABLE accounts (known as 529A accounts) can grow without the earning being taxed, and up to $100,000 can be held in such an account…
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