Disabled Individuals Can Set Up Special Accounts

As part of the larger tax extender legislation passed late last year, Congress approved the ABLE Act of 2014, which allows 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_TaxAdvisor/~3/fVKhLlNziso/News_Notes_04.aspx

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