Tax-Advantaged Savings for Individuals with Disabilities
ABLEnow provides people with disabilities and their families the opportunity to save money for today’s needs or invest for tomorrow. The ABLEnow program applies to individuals who experienced a disability before their 26th birthday.
These simple, affordable and tax-advantaged accounts allow eligible individuals to save up to $14,000 a year without endangering their eligibility for certain benefit programs critical to their health and well-being.
ABLEnow accounts are made possible by the Achieving a Better Life Experience (ABLE) Act, which authorized states to establish tax-advantaged ABLE savings programs. As the Virginia-sponsored ABLE savings program, ABLEnow is administered by Virginia529, the nation’s largest college savings plan.
Questions? Please contact the Business Librarian 703-228-5999 or firstname.lastname@example.org.
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