There is a new tool in planning for the disabled. There are many types of savings plans on the block. Each plan has its own little niche. A 529 plan can be a great tool for someone who will use the assets for education. This is because a 529 plan is income tax-free if used for education. (For more on 529 plans, read the article which I wrote on those plans.) Much like a 529 plan, the income of which is not taxed as long as used for qualified education expenses, the income of an ABLE account is … [Read more...] about ABLE Act Adds Another Planning Tool for the Disabled
