ABLE account Archives - Milliken, Perkins & Brunelle

More individuals with disabilities will be eligible for tax-advantaged ABLE accounts in 2026

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December 23, 2025 Kevin Brunelle ABLE account, Achieving a Better Life Experience, disability

disability ABLE account

Did you know there’s a tax-advantaged way to save for the expenses of a person with a disability that’s similar to saving for college expenses with a Section 529 plan? Achieving a Better Life Experience (ABLE) accounts can help fund qualified disability expenses for an eligible beneficiary. The SECURE 2.0 Act, signed into law in 2022, made changes that will allow more people to be eligible for ABLE accounts beginning in 2026. The One Big Beautiful Bill Act (OBBBA), signed into law July 4, 2025, has made certain enhancements to them permanent.
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Disabled family members may be able to benefit from ABLE accounts

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August 15, 2023 Kevin Brunelle ABLE account, disability, gift tax

ABLE account

If you have family members with disabilities, there may be a tax-advantaged way to save for their needs — without having them lose eligibility for the government benefits to which they’re entitled. It can be done though an Achieving a Better Life Experience (ABLE) account, which is a tax-free account that can be used for disability-related expenses. The SECURE 2.0 law made changes that will allow more people to be eligible for these accounts, beginning in 2026.

SECURE 2.0 law may make you more secure in retirement

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January 3, 2023 Kevin Brunelle ABLE account, RMD, Roth IRA, SECURE Act

Secure 2.0

A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) was signed into law on December 29, 2022.

ABLE accounts may help disabled or blind family members

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August 17, 2021 Kevin Brunelle ABLE account, Achieving a Better Life Experience, blind, disabled, SSDI, SSI

ABLE account

There may be a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose eligibility for government benefits to which they’re entitled. It can be done though an Achieving a Better Life Experience (ABLE) account, which is a tax-free account that can be used for disability-related expenses.

You may be ABLE to save for a disabled family member with a tax-advantaged account

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November 5, 2019 Kevin Brunelle ABLE account, Achieving a Better Life Experience, Social Security, SSDI, SSI, Supplemental Security Income

There’s a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose eligibility for government benefits to which they’re entitled. It can be done though an Achieving a Better Life Experience (ABLE) account, which is a tax-free account that can be used for disability-related expenses.