New Law Creates Tax-Favored Savings Accounts for Disabled Taxpayers

Congress approved the Achieving a Better Life Experience (ABLE) Act of 2014, which will allow disabled individuals to save money to pay for their disability expenses in tax-favored accounts, called ABLE accounts.

Source: http://feedproxy.google.com/~r/AICPA_Tax/~3/rC0_AOhV_Ts/20141217-2.aspx

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