Are you planning to set up an "Achieve
a Better Life Experience" (ABLE) account? A recent IRS notice and changes
enacted in a tax law passed in December 2015 can help ease the administrative
requirements. ABLE accounts are tax-advantaged accounts designed to help you
build savings to care for yourself or a loved one with disabilities while
maintaining eligibility for benefit programs such as Medicaid. Generally, you'll
qualify for an ABLE account if your disability occurred before age 26.
Call us for details about the
latest changes.
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