Tax-Free Savings Accounts for Disabled
Unless you’ve visited a financial planner, you probably wouldn’t know there are special savings plans aimed at helping the disabled. These accounts, called ABLE accounts, officially started in 2016 to create tax-free savings accounts for people with disabilities. The accounts allow individuals to save up to $ 14,000 annually without affecting other disability benefits. Whether it is opened by the disabled person or a close relative, these specific types of plans