Tag: ABLE

New IRS Guidance to Simplify ABLE Program Administration

Recent & Relevant 12/02/2015 admin 0 Comments

IR-2015-130, Nov. 20, 2015 WASHINGTON — The Internal Revenue Service today announced three changes to the proposed rules for new tax-favored Achieving a Better Life Experience (ABLE) accounts for eligible disabled individuals that will be included in the final regulations when issued. These changes will make it easier for states to offer and administer ABLE programs. States, program administrators and other interested commenters identified the three areas for change this summer during a 90-day comment […]

Able Act Passes

Featured Topics, Money, Special Features 02/25/201503/11/2018 admin 0 Comments

BY ROBERT F BROGAN & BERNARD A KROOKS The community of individuals with special needs and their family members will have at their disposal a new tool with which to maintain a private fund of assets while preserving certain government benefits. Following years of national grassroots advocacy efforts, the community of individuals with special needs and their family members will have at their disposal a new tool with which to maintain a private fund of […]