HOW TO MAKE THE MOST OF AN ABLE ACCOUNT

HELP AVOIDING THE BENEFITS CLIFF 

Dante Allen uses his ABLE account to pay for out-of-pocket costs on mobility equipment, like upgrades on his wheelchair.

“It is a great way to grow money long term … better than a Roth IRA or other IRA.

An IRA has a significant penalty if you withdraw money before you are 59 ½ years old,” he says.

“But you can withdraw ABLE account money for any qualified expense at any age.”