November 4, 2017

The IRS has confirmed an increase to Section 2503, the federal gift tax exclusion. Section 529A(a)(2) of the Stephen Beck Jr. Achieving a Better Life Experience (“ABLE”) Act specifically ties the annual contribution limit for ABLE accounts to section 2503(b) of the federal tax code, therefore any inflation adjustment to this section automatically adjusts the annual ABLE contribution limit.

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At long last, HUD has published a letter confirming that ABLE Accounts (and money coming in and out of them) will not adversely affect eligibility for...

HUD Publishes Letter Regarding ABLE Accounts

May 4, 2019

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