SENIORS: The ABLE Act — a new, special tool

By Catherine LaFond | At the end of 2014, President Obama signed the Achieving a Better Life Experience Act (hereinafter “ABLE Act” or “Act”). The law creates a new tool for a person with a disability to save money without losing needs-based public benefits such as SSI or Medicaid. An ABLE account provides the special needs community with another option, in addition to special needs trusts, to consider when creating a plan for persons with a disability.

by · 03/30/2015 · Comments are Disabled · Seniors, Views