Kids across the country are headed back to school. Which means education-related objectives are on everyone’s minds these days. That makes this the perfect time for you to think about planning for your child’s educational future!
Did you catch our latest #askENABLE video that we shared on Facebook and IGTV earlier this week? In it, our founder and president, Phillip Clark, discussed the similarities and differences between traditional 529 college savings plans and the more recently developed 529 ABLE accounts.
Continue reading “HOW TO: Plan for your child’s future- A comparison of 529 college savings accounts and ABLE accounts”
Many families with children with special needs have questions about ABLE Accounts and Special Needs Trusts (SNT), including:
- What are the similarities and differences between them?
- Should I set up an ABLE account, a SNT, or both?
- How will planning in this area help my child live a purposeful and impactful life?
Continue reading “ABLE vs. SNT: Similarities and Differences”
Did you know…
Thanks to the 2017 Tax Cuts and Jobs Act and the 2018 ABLE Financial Planning Act, you can now rollover an existing 529 plan into a 529 ABLE account without penalty! Continue reading “HOW TO: Turn a 529 (“College Savings”) Plan into an ABLE Account”
Wondering whether you can open an ABLE account in your state?
Here’s the GREAT news: “No matter which state you call home, you can open your ABLE account in any state with an active ABLE program” (ABLE National Resource Center).
Continue reading “Can I Open an ABLE (Achieving a Better Life Experience) Account in my State?”