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IRS Regulations ABLE Accounts

IRS Issues Final Regulations for ABLE Accounts

The Internal Revenue Service (IRS) has issued final regulations covering tax-free savings accounts that allow people with disabilities and their families to save and pay for disability-related expenses without jeopardizing eligibility for Medicaid, Supplemental Security Income (SSI) and other government benefits. Passed by Congress in December 2014, the Achieving a Better Life Experience (ABLE) Act  allows families […]READ POST »