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PA ABLE Accounts
Tax-free accounts for individuals with disabilities to save for disability-related expenses
Overview
This website provides information for individuals with disabilities and their families about PA ABLE accounts which allow for qualified individuals to create tax-free accounts to save for disability-related expenses while maintaining government benefits.
A PA ABLE Savings Program account gives individuals with qualified disabilities (Eligible Individuals) and their families and friends a tax-free way to save for a wide range of disability-related expenses while maintaining government benefits. The state and federal tax-free investment options are offered to encourage Eligible Individuals and their families to save private funds to support health, independence, and quality of life.
To help you learn about the important features and benefits of PA ABLE, the Pennsylvania Treasury Department hosts free webinars.
Some of the topics include: eligibility requirements for opening a PA ABLE account, the federal and state tax benefits of PA ABLE, and how PA ABLE account interacts with current benefits.
This resource created by Pennsylvania Treasury Department