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Tax News Sept 2016 - "Ins and Outs of the New 529-ABLE Savings Accounts"

Tax News Sept 2016 - "Ins and Outs of the New 529-ABLE Savings Accounts"

Tax News Sept 2016 - "Ins and Outs of the New 529-ABLE Savings Accounts"

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Ins and Outs of the New 529-ABLE Savings Accounts



New 529-ABLE programs are currently available offering tax-free saving options for families with special needs individuals. With what promises to be the first of many, current offerings include Ohio’s STABLE, Tennessee’s ABLE TN, Nebraska’s Enable and Florida’s The ABLE United account. Some such as Florida’s version are only available to residents of the state, while others are open to nonresidents as well.


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