Information about the ABLE Act

The ABLE Accounts Act of 2009 – S. 493, H.R. 1205 The ABLE Accounts Act of 2009 – or Achieving a Better Life Experience Act – is designed to encourage individuals with autism (and other disabilities) and their families to save for disability-related expenses. The ABLE Act is meant to supplement rather than to replace benefits provided by other sources (including Medicaid and private insurance). The ABLE Act authorizes “ABLE Accounts,” which are similar in many respects to existing 529 {Read More}