LEGAL GUIDE
Written by attorney Kera Murphy Reed

NY ABLE Program Helps New Yorkers

New York state has a new savings plan, called the New York Achieving a Better Life Experience (NY ABLE) program, designed to help individuals with disabilities maintain their health, independence and quality of life. The program was modeled after the 529 College Savings Program. NY ABLE accounts are also known as 529A accounts. New York is one of 28 states in the country that offer this type of program.

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