ASL: ABLE Accounts (Captions & Audio)
4,245 views • Sep 11, 2019 • #disability #ABLE #IRS
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If so, you could be eligible for an ABLE account.
If so, you could be eligible for an ABLE account.
0:14
to save money and get tax-free earnings to pay for disability-related expenses
to save money and get tax-free earnings to pay for disability-related expenses
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such as personal support services, housing, education and transportation.
such as personal support services, housing, education and transportation.
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You and others can put up to $15,000 a year into your ABLE account.
You and others can put up to $15,000 a year into your ABLE account.
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These contributions can include funds rolled over from certain 529 Plans.
These contributions can include funds rolled over from certain 529 Plans.
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you may be eligible to add even more money to your account annually.
you may be eligible to add even more money to your account annually.
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What's more, you can get up to a $2,000 tax credit
What's more, you can get up to a $2,000 tax credit
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For more details, go to irs.gov/tax reform.
For more details, go to irs.gov/tax reform.
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ASL: ABLE Accounts (Captions & Audio)
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