The 529A Plan: A New Tax Free Savings Option for Individuals with Disabilities
In late 2014 the Achieving a Better Life Experience Act (ABLE) was enacted to enable states to create tax-advantaged savings programs for young people with disabilities under section 529A of the Internal Revenue Code. By 2017 many states, including California, will roll out state sponsored 529A plans (or ABLE accounts) similar to existing 529 education … Continued