Examples of Qualified disability expenses in a sentence
SAVE FOR THE FUTURE Use your ABLE United account to save for a variety of future Qualified Disability Expenses, including living expenses.
This includes contributions, earnings and withdrawals for Qualified Disability Expenses.
As long as withdrawals from the Account are used for the Beneficiary’s Qualified Disability Expenses, the earnings portion of the withdrawals will not be subject to federal income taxation.
If the Beneficiary receives Medicaid benefits, upon the death of the Beneficiary, a state may request reimbursement for Medicaid benefits paid after establishment of the ABLE United account and after all outstanding Qualified Disability Expenses have been paid.
Save for the future: Use an ABLE United account to save tax-free for Qualified Disability Expenses.