ABLE ACT STATE SOLUTIONS

Intuition ABLE Solutions stems from the longest standing 529 service provider in the country with over 25 years experience in the industry. Our solutions have a proven track record nationwide, and our staff of professionals have a superior knowledge of the 529 industry and its products as a whole.

The Achieving a Better Life Experience (ABLE) Act established the ability for qualified individuals with a disability to setup a tax-favored savings account. The plan was created under the 529 umbrella and is in section 529A of the IRS Code. Although the 529A plan is very similar to the 529 college savings plan, the programs have unique differences. Some of the main differences include:

  • Eligibility
  • Established Residency
  • Supplemental Security Income (SSI) Qualifications
  • Claw-Back Provisions
  • Liquidity of Accounts

While these differences do present some challenges, Intuition ABLE Solutions has developed a technical solution and supporting services for state ABLE plans, and have already launched in two states. Our CapABLE Solution is a modified version of our 529 college savings system that has been used for decades with great reviews. Please visit our solutions page to learn more.

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