Dec 1, 2025 | ABLE Accounts, Blog
The Achieving a Better Life Experience (ABLE) Act is a federal law that allows some people with disabilities or their family members to establish a tax-free savings account for their financial needs. Recent federal legislation, including the ABLE Adjustment Act and...
Nov 17, 2025 | ABLE Accounts, Blog
The Achieving Better Life Experience (ABLE) Act, which Congress passed in 2014, is designed to allow persons with disabilities to save funds for future needs in a tax-advantaged account while still maintaining their eligibility for certain means-tested public benefits...
Nov 3, 2025 | Blog, ABLE Accounts, Government Programs, Social Security, Special Needs Trusts
As children with special needs age, parents increasingly need to consider their future care needs, which include developing a long-term care plan. Examining long-term care options for adult children with special needs is crucial to protecting their future when parents...
Jun 10, 2025 | ABLE Accounts, Government Programs, Special Needs Trusts
Special needs trusts and ABLE accounts are useful saving tools to save much-needed funds for children with special needs. Although their requirements vary, these tools allow these individuals to shelter savings without endangering their eligibility for means-tested...
Dec 11, 2024 | ABLE Accounts, Blog, Resources
The Internal Revenue Service (IRS) has issued Notice 2024-40, which adjusts various tax-related figures annually for inflation. These adjustments, which take effect on January 1, 2025, include the limits on contributions to ABLE accounts for 2025. The amount of money...
Oct 28, 2024 | ABLE Accounts, Blog
U.S. Senators Bob Casey (D-PA) and Eric Schmitt (R-MO) introduced the Ensuring Nationwide Access to a Better Life Experience (ENABLE) Act earlier this year. As of September 20, 2024, the bill has unanimously passed the Senate. What to Know About The Enable Act The...
