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Congress Eyes Changes to ABLE Act, Special Needs Trusts

Legislation and Healthcare

September 27, 2016 - "Congress Eyes Changes to ABLE Act, Special Needs Trusts"- The ABLE to Work Act, which calls for individuals with disabilities who are employed, the ability to save their earnings up to the federal poverty level, in their ABLE accounts above and beyond the existing cap. This piece of legislation is headed before a full Senate. Another improvement is the ABLE Financial Planning Act which would allow families to rollover money saved in a 529 college savings plan into an ABLE account.
Click on the link in the title for the full details.




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