Money Minute: How Michigan’s ABLE Account works for people with disabilities

Back in 2014, the federal government realized that for people with disabilities, life is very expensive. In order to help people with disabilities, the government established ABLE Accounts. Here’s how they work.

Learn more in the video report above.

More resources:

• Michigan.gov: Learn more about the MiABLE Account
• ABLE National Resource Center: More about ABLE Accounts
• From the IRS:
  • IRS issues final regulations for Achieving a Better Life Experience accounts
  • ABLE accounts: A valuable financial solution for people with disabilities

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