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Saving Plan For Disabled Offered

Saving Plan For Disabled Offered

Photo: clipart.com


It’s called the ABLE program, a savings account patterned after the popular college savings accounts, only for the disabled.
Proposed federal regulations would require the disabled to file paperwork with the state to prove an expense is qualified before making a withdrawal . . .


Don Stenberg, as Nebraska State Treasurer, is the trustee of the state ABLE program designed to give the disabled a tax break on qualified expenses. He says the proposed step is unnecessary. . .


Stenberg says the regulations would drive up costs and discourage the disabled from opening an account.

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