ABLE Act, Bill # H.R.647 is Now the Law
The Achieving a Better Life Experience (ABLE) Act of 2013 (H.R. 647) establishes tax-free savings accounts (modeled after 529 college accounts) and allows families to create tax free accounts to help individuals with disabilities pay for essential services such as medical care, housing, transportation, assistive technology, job training, education personal support services, health, prevention and wellness, financial management and administrative services, legal fees, expenses for oversight and monitoring, funeral and burial expenses, and other approved expenses.