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The ABLE Act and Its Impact on Special Needs Planning

The ABLE Act and Its Impact on Special Needs PlanningRusso Law Group, P.C. is pleased to share this article on behalf of guest author Robert P. Mascali, Esq.

In December 2014, the Achieving a Better Life Experience (ABLE) Act was signed into law, adding to the toolkit for practitioners advising elderly and disabled clients. The ABLE Act allows contributions to be made to tax-advantaged ABLE Act 529A accounts to pay qualified expenses for disabled individuals.

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