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IRS Releases Final ABLE Account Regs
Ascensus 
[Guidance Overview] Nov. 3, 2020 "The [IRS] has issued final regulations for Achieving a Better Life Experience (ABLE) accounts. These accounts can help eligible individuals (known as designated beneficiaries) save for qualified disability expenses without ruining their eligibility for governmental aid.... Corporations and employers can make ABLE account contributions (including payroll deductions) to employees or employees' family members. But any employer contributions are subject to the rules governing federal taxation of compensation" |
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