A Little-known Law To Fight Disabled Poverty Just Turned 10

On December 19, 2014, then-President Barack Obama signed the Achieving a Better Life Experience Act into law, establishing tax-exempt savings accounts of up to $100,000 for qualified disability expenses—including education, housing, transportation, health, and basic living expenses—for people whose disabilities began before age 26, without counting against the $2,000 Social Security Insurance asset limit. In the decade since, ABLE accounts have meaningfully improved the lives of over 160,000 people by giving them more financial independence.

Topics:  december   barack obama   achieving   better life experience act   000 social security insurance   max h   medicaid   if i   january   august   june   july   i m   plan b   an able   in   i   ssi   april   law   turned   account   people   accounts   mom   work   syndrome   money   small   developmental   asset   put   dad   mother   payments   expenses   easy   
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  • A Little-Known Law to Fight Disabled Poverty Just Turned 10
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    12/19/2024 - 4:31 am | View Link
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