Tax Law Brings ABLE Changes, Future Worries
January 9, 2018
By: Michelle Diament
Source: Disability Scoop
A major tax overhaul taking effect this month is bringing changes to savings accounts for people with disabilities and sparking concern about funding for programs this population relies on.
Republicans in Congress pushed through a $1.5 trillion tax package in December. Tucked inside the law are tweaks to how people with disabilities can use ABLE accounts, which are designed to allow individuals to accrue money without jeopardizing their government benefits.
Under the new tax law…