ABLE Savings Accounts
ABLE Act - savings accounts; make contributions for medical and life expenses.
Georgia STABLE Accounts gives people with special needs more independence and financial security. Click https://www.georgiastable.com for more information!
NEW! FOR 2018 THE MAXIMUM ABLE ACCOUNT CONTRIBUTION HAS BEEN RAISED BY $1,000 TO $15,000.
What We're About
The ABLE National Resource Center (ANRC) is a collaborative whose supporters share the goal of accelerating the design and availability of ABLE accounts for the benefit of individuals with disabilities and their families. We bring together the investment, support and resources of the country’s largest and most influential national disability organizations. LEARN MORE
ABLE Accounts: 10 Things You Should Know
ABLE Accounts, which are tax-advantaged savings accounts for individuals with disabilities and their families, will be created as a result of the passage of the Stephen Beck Jr., Achieving a Better Life Experience Act of 2014 or better known as the ABLE Act. The beneficiary of the account is the account owner, and income earned by the accounts will not be taxed. Contributions to the account made by any person (the account beneficiary, family and friends) will be made using post-taxed dollars and will not be tax deductible, although some states may allow for state income tax deductions for contribution made to an ABLE account. Read more about ABLE Accounts.