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Recent State News

Rhode Island launches RI's ABLE plan

(December 30, 2016) - Rhode Island's RI's ABLE plan is available to individuals who were diagnosed physical or mental disability before age 26. Investments in the plan are federally tax-deferred and tax-free if the funds are used to pay for qualified disability expenses, which include things like education, housing, transportation financial management and more.
Participants can open an account with as little as $25 to start.

Alaska launches Alaska ABLE Plan

(December 28, 2016) - The Alaska ABLE plan is available to individuals who were diagnosed physical or mental disability before age 26. Investments in the plan are federally tax-deferred and tax-free if the funds are used to pay for qualified disability expenses, which include things like education, housing, transportation financial management and more.

Kentucky launches STABLE Accounts for residents with disabilities

(December 28, 2016) - STABLE Accounts allow Kentucky residents who are living with a disability to save in a tax-advantaged account without affecting federal benefits such as SSI or Medicaid. Participants can request a debit card that can be loaded with up to $15,000 from their STABLE account, and can be used anywhere MasterCard is accepted.

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