Featured in US News and World Report
We are proud to have Alex, John and Cindy featured in Friday’s US News and World Report article, “What is an ABLE Account?”. The ABLE account, also known as a 529A account, is a tax-advantaged way for people with disabilities to build their own savings without impacting their eligibility for government benefits. Please take a look at this helpful article that summarizes how the account works, who is eligible, contribution limits and approved uses for the funds. Click here to take a look!
ABLE Webinar Today!
Alex is the guest presenter for the Massachusetts Educational Finance Authority’s webinar, A Sibling’s Perspective: Special Needs Planning with the ABLE Account webinar this Wednesday at 6 PM. Alex will share her insight as a sibling of a brother with Down Syndrome and the financial planning needed to plan for his future. In addition, she will share her story and how she utilizes various tools, including ABLE, the tax-advantaged savings plan for individuals with disabilities, in her practice. RSVP here.
To read about additional planning strategies utilizing the ABLE account, visit our ABLE account page, the ABLE Account and Special Needs Planning, here.
This is for general information only and is not intended to provide specific advice or recommendations for any individual, nor intended to be a substitute for specific individualized tax or legal advice. The investment strategies mentioned may not be suitable for everyone. Prior to investing in an ABLE account investors should consider whether the investor's or designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's ABLE program. Withdrawals used for qualified disability expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.