Wednesday, March 4, 2015

529 ABLE

In December, the ABLE Act was passed. It allows for families to save up to $100,000 in a special account that will not affect Social Security (Supplemental Security Income) benefits. These accounts will take about a year to get up and running. Each state is responsible for setting up their own program.

Read these articles for more detailed information:

Autism Speaks - 10 Things to Know about ABLE Account

Saving for College - The ABLE Act and What it Means

Investment News: Meet the ABLE Account

NC Legislation

No comments:

Post a Comment

Thank you for reading my post. I appreciate you taking the time to comment. If you wish to contact me directly, please let me know and I will email you.