ACHIEVING A BETTER LIFE EXPERIENCE OR ABLE ACCOUNTS HI… I'M RISA… AND I WORK FOR THE INTERNAL REVENUE SERVICE. WERE YOU BORN WITH A DISABILITY? OR DID YOU BECOME DISABLED BEFORE YOU TURNED 26 YEARS OLD? IF SO… YOU COULD BE ELIGIBLE FOR AN ABLE ACCOUNT. AN ABLE ACCOUNT ALLOWS YOU… AS A DESIGNATED BENEFICIARY… TO SAVE MONEY AND GET TAX-FREE EARNINGS TO PAY FOR DISABILITY-RELATED EXPENSES… SUCH AS PERSONAL SUPPORT SERVICES… HOUSING… EDUCATION AND TRANSPORTATION. YOU AND OTHERS CAN PUT UP TO 15-THOUSAND DOLLARS A YEAR INTO YOUR ABLE ACCOUNT. THESE CONTRIBUTIONS CAN INCLUDE FUNDS ROLLED OVER FROM CERTAIN 529 PLANS. ALSO… IF YOU HAVE A DISABILITY AND WORK… YOU MAY BE ELIGIBLE TO ADD EVEN MORE MONEY TO YOUR ACCOUNT ANNUALLY. WHAT'S MORE… YOU CAN GET UP TO A TWO-THOUSAND DOLLAR TAX CREDIT FOR THE MONEY YOU PUT INTO YOUR ABLE ACCOUNT… WHICH COULD REDUCE YOUR TAX BILL. FOR MORE DETAILS… GO TO I-R-S-DOT-GOV-SLASH-TAX-REFORM. THEN CLICK "INDIVIDUALS." SCROLL DOWN TO "SAVINGS PLANS." THEN CLICK "ABLE SAVINGS ACCOUNTS." AND… IF YOU FIND THIS VIDEO HELPFUL… PLEASE SHARE IT. THANK YOU.
