Statements (24)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
tax-advantaged savings account
|
| gptkbp:accountOwner |
person with a disability
|
| gptkbp:alsoKnownAs |
gptkb:ABLE_accounts
|
| gptkbp:annualContributionLimit |
$17,000 (2023)
|
| gptkbp:benefit |
earnings grow tax-free
person with a disability withdrawals for qualified expenses are tax-free |
| gptkbp:createdBy |
Achieving a Better Life Experience Act of 2014
|
| gptkbp:eligibility |
gptkb:transportation
gptkb:assistive_technology education health care housing employment training individual must have a significant disability before age 26 |
| gptkbp:federalBenefitProtection |
balances up to $100,000 do not affect SSI eligibility
|
| https://www.w3.org/2000/01/rdf-schema#label |
529A accounts
|
| gptkbp:purpose |
help individuals with disabilities save money
|
| gptkbp:regulates |
gptkb:Internal_Revenue_Service
state governments |
| gptkbp:relatedTo |
gptkb:529_college_savings_plans
|
| gptkbp:stateSponsored |
true
|
| gptkbp:bfsParent |
gptkb:ABLE_accounts
|
| gptkbp:bfsLayer |
7
|