Massachusetts HB 4047

Massachusetts

"There shall be within the authority, the achieving a better life experience program for the purposes of administering ABLE accounts established to encourage and assist individuals and families in saving private funds for the purpose of supporting individuals with disabilities.  Under the program, a person may make contributions to an ABLE account to meet the qualified disability expenses of the designated beneficiary of the account."

State Policies & Initiatives: 
Legislation
Systems: 
  • Other
Topics: 
  • Asset Development / Financial Capability
Other: 
  • Massachusetts Educational Financing Authority
Date Enacted: 
08/05/2014
CITATIONS: