ABLE Accounts Will Be Available for More People in 2026
Takeaways Starting January 1, 2026, more individuals with disabilities will be eligible to open tax-advantaged ABLE accounts, thanks to an update to federal law. The ABLE Age Adjustment Act will […]
5 Downsides to ABLE Accounts You Should Know About
Takeaways In 2014, the Achieving a Better Life Experience (ABLE) Act established tax-advantaged savings accounts for people with disabilities to cover qualified disability-related expenses. With an ABLE account, eligible people […]
People With Disabilities Could Save More Under Proposed Bill
Takeaways The Achieving a Better Life Experience (ABLE) Act, enacted in 2014, revolutionized financial planning for people with disabilities by allowing them to save money in tax-advantaged accounts without jeopardizing their […]
Big Changes Coming for ABLE Accounts in 2025-2027
Takeaways For the tens of millions of Americans living with a disability, financial hardship often accompanies the physical and emotional challenges they can face on the path to full participation […]
Deposit Up to $19,000 in Your ABLE Account in 2025
Ten years ago, Congress passed the Stephen Beck, Jr., Achieving a Better Life Experience (ABLE) Act of 2014, which provided people with disabilities with the opportunity to save money, tax-free, […]
A Comparison of Special Needs Trusts and ABLE Accounts
Special needs trusts (SNT) and Achieving a Better Life Experience (ABLE) accounts each provide a tax-free way for people with disabilities to save money. Both options provide a mechanism for […]
ABLE Accounts in 2024: Save Up to $18,000 Annually
For nearly a decade, people with disabilities have had the option to accumulate savings in a special tax-free account – without risking their means-tested public benefits. In 2024, the annual […]
Tips For Expertly Navigating Special Needs Issues in Divorce
The decision to divorce is never easy — especially for special needs moms and dads already managing complex parenting roles. As a special needs parent, your divorce issues are unique. […]
ABLE Account Owners Who Work Can Save More Through 2025
If you are an individual with a disability who holds an ABLE account, your annual contributions to this type of account generally must not exceed $17,000 a year, as of […]
ABLE Account Age Adjustment a Bright Spot in Omnibus Passage
The Senate and House have cleared the passage of a year-end $1.7 trillion appropriations bill that will affect people with disabilities on several fronts. The bill, which runs more than […]