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? There are many … 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! {NEED A REFRESHER ON WHAT AN ABLE ACCOUNT IS AND WHAT IT DOES? CHECK OUT OUR BLOG POST TITLED “ACHIEVING A BETTER LIFE … 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). {If you need a refresher on what an ABLE account is and what it does, … Continue reading Can I Open an ABLE (Achieving a Better Life Experience) Account in my State?
