Examples of Qualified ABLE program in a sentence
A direct Rollover Contribution is the transfer of money directly to the Program from another Qualified ABLE Program.
Florida ABLE, Inc., and the Board may make changes to the Program and the Agreement at any time if it is determined that such changes are necessary for the continuation of the Program as a Qualified ABLE Program.
An indirect Rollover Contributions is the distribution of money from a Qualified ABLE Program before transferring the money to the Program.
If the Beneficiary moves to another state or has taxable income in another state, and if that state has established a Qualified ABLE Program, that state’s program may offer favorable state income tax benefits or other benefits that are only available if you invest in that state’s program, and are not available to the Beneficiary in this Program.