Definition
Programs that provide opportunities for people with disabilities to establish special accounts where they can save money to pay for education, health care, transportation, housing and other expenses. Individuals can deposit up to $14,000 annually under current gift-tax limitations and accrue as much as $100,000 without risking their eligibility Social Security and other government benefits. People with disabilities can also retain Medicaid coverage no matter how much is deposited.
URL Name
TB-0700-2100-178
Third Level Code
TB-0700
Taxonomy Code
TB-0700.2100-178
Parent Code
TB-0700.2100
Family Code
T
Second Level Code
TB
Fifth Level Code
TB-0700-2100-178
Fourth Level Code
TB-0700-2100
Use References
Able Accounts, Able Savings Accounts
Publication Status
Online