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ABLE Notice of Federal Proposed Rulemaking

June 30, 2015

Read about the the proposed  Federal regulations under section 529A of the Internal Revenue Code that provide guidance regarding programs under The Stephen Beck, Jr., Achieving a Better Life Experience Act of 2014.

Section 529A provides rules under which States or State agencies or instrumentalities may establish and maintain a new type of tax-favored savings program through which contributions may be made to the account of an eligible disabled individual to meet qualified disability expenses.  Click Here to read the entire Department of Treasury document.