An Introduction to ABLE Accounts скачать в хорошем качестве

An Introduction to ABLE Accounts

An ABLE Account is a tax-advantaged account designed to allow people with disabilities to save for disability related expenses without jeopardizing They function much like 529 accounts that are used for qualified educational expenses. This video goes over what an ABLE account is, how they work, and their advantages. 0:00 Introduction 0:33 What are ABLE Accounts? 2:25 How to ABLE Accounts work? 4:50 The main advantage of ABLE Accounts 5:05 Conclusion Additional Resources and Information Much of the information in this video comes from the ABLE National Resource Center: https://www.ablenrc.org IRS Publication 907: "Tax Highlights for Persons with Disabilities": https://www.irs.gov/pub/irs-pdf/p907 IRS From 1099-QA: "Distributions from ABLE Accounts": https://www.irs.gov/pub/irs-pdf/f1099qa Image and footage credits: Storyblocks.com Wikimedia Commons Intro Music: "Bluesy Vibes" - Doug Maxwell - YouTube Creator Music Outro Music: "Modern Attempt" - Track Tribe under license from YouTube Creator Music DISCLAIMER: This video is for educational and informational purposes only. It is not intended to render tax advice or financial advice for individual situations. If you have questions regarding your particular situation, please consult with a qualified tax or financial professional.