Congress has passed and President Obama has signed the ABLE Act allowing the creation of tax-free savings accounts to pay for disability expenses! Now you or your loved one with autism will be able to save tax-free to pay for your disability-related housing, education, medical, transportation and other expenses. But first, your state needs to add ABLE accounts to its Section 529 program. Now limited to college savings accounts, these state programs now need to be expanded to include the new ABLE accounts. Urge your Governor to make ABLE accounts a priority in your state!
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