2016 ABLE Act Improvements Fact Sheet
July 6, 2016
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2016 ABLE Act Improvements Fact Sheet.pdf (279KB) [download] |
AUCD expresses its support for the ABLE Age Adjustment Act (S. 2704, H.R. 4813), which will raise the age limit for ABLE accounts to age 46. Currently, only individuals with a severe disability prior to 26 years of age may open an ABLE account. Increasing the age of eligible account holders will make it easier for more individuals with disabilities to save for their disability-related expenses.