ABLE Accounts and Funding for College

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“How will we pay for college and personal care?” 

“Can I use a 529 account to pay for personal care attendant services?”

These are just a few of the questions that I get from from the families of students with physical disabilities and health conditions. I understand who confusing finding the answers to these questions can be! An ABLE Account is a tax-advantaged savings accounts for individuals with disabilities and their families. An ABLE account could be helpful in saving for college and beyond. I sat down with Alexandra Baig of Companions on Your Journey to discuss ABLE Accounts. We covered: 

  • What is an ABLE Account?
  • How can they help students with disabilities?
  • How can you get an ABLE Account?
  • What can the funds in the ABLE Account be used for?

I learned so much during our conversation. I hope you will too! If you need support preparing your student with a physical disability and/or health condition, contact me! 

This is part 1 of a 3 part series. Watch these videos too:

Part 1: Supplemental Security Income and College 

Part 2: Medicaid and College