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Home→Tags ABLE Accounts

Tag Archives: ABLE Accounts

Expanded ABLE Account Contributions

Notice 2018-62, 2018-34 I.R.B. ___ (8/20/2018), provides guidance on the application of the new expanded contribution limits to “ABLE” (“Achieving a Better Life Experience”) accounts under IRC section 529A. According to the IRS, a designated beneficiary who works may contribute (in … Continue reading →

Posted in News, Rules and Regs. | Tagged ABLE Accounts

Pennsylvania ABLE Act

Posted on April 14, 2016 by Daniel EvansApril 18, 2016

Both houses of the Pennsylvania legislature have approved SB 879, the “Pennsylvania ABLE Act” (an unconsolidated statute), which allows the creation of “ABLE” savings accounts intended to qualify under IRC section 529A.  (“ABLE” is an acronym for “Achieving a Better … Continue reading →

Posted in News | Tagged ABLE Accounts, Disabled persons, IRC 529A

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