Are you familiar with a financial tool known as an ABLE account? ABLE stands for Achieving a Better Life Experience. It’s a tax-advantaged account that lets disabled taxpayers save and pay for certain expenses without impairing their eligibility for government programs. Distributions from an ABLE account are tax-free if they’re used to pay certain disability-related expenses. ABLE account beneficiaries may also qualify to claim a Saver’s Credit. This is a non-refundable tax credit that’s available to those who meet certain conditions. Beneficiaries must be at least 18 years old, must not be a dependent or a full-time student and must meet income limits. Here’s more: http://bit.ly/3FugbOc Call or visit our website for more information! www.mjscpa.com/
