{"id":3858,"date":"2016-04-14T13:48:09","date_gmt":"2016-04-14T17:48:09","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=3858"},"modified":"2016-04-18T15:49:27","modified_gmt":"2016-04-18T19:49:27","slug":"pennsylvania-able-act","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=3858","title":{"rendered":"Pennsylvania ABLE Act"},"content":{"rendered":"<p>Both houses of the Pennsylvania legislature have approved <a href=\"http:\/\/www.legis.state.pa.us\/cfdocs\/billinfo\/billinfo.cfm?syear=2015&amp;sind=0&amp;body=S&amp;type=B&amp;bn=879\" target=\"_blank\">SB 879<\/a>, the \u201cPennsylvania ABLE Act\u201d (an unconsolidated statute), which allows the creation of &#8220;ABLE&#8221; savings accounts intended to qualify under <a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/26\/529A\" target=\"_blank\">IRC section 529A<\/a>. \u00a0(\u201cABLE\u201d is an acronym for \u201cAchieving a Better Life Experience.\u201d)<\/p>\n<p>Section 529A allows the creation of savings accounts for people with disabilities that act somewhat like the education accounts authorized by section 529, except that it refers to \u201cqualified disability expenses\u201d instead of \u201cqualified education expenses.\u201d<\/p>\n<p>Look for an article on the Pennsylvania ABLE Act and section 529A in the near future.<\/p>\n<p><em>Update<\/em>:\u00a0 SB 879 was approved by the Governor on 4\/18\/2016, becoming Act No. 17 of 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Both houses of the Pennsylvania legislature have approved SB 879, the \u201cPennsylvania ABLE Act\u201d (an unconsolidated statute), which allows the creation of &#8220;ABLE&#8221; savings accounts intended to qualify under IRC section 529A. \u00a0(\u201cABLE\u201d is an acronym for \u201cAchieving a Better &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=3858\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[29],"tags":[483,523,522],"class_list":["post-3858","post","type-post","status-publish","format-standard","hentry","category-news-items","tag-able-accounts","tag-disabled-persons","tag-irc-529a","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3858"}],"version-history":[{"count":2,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3858\/revisions"}],"predecessor-version":[{"id":3861,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3858\/revisions\/3861"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}