Qualified disability expenses definition

Qualified disability expenses means that term as defined in section 529A of the internal revenue code.

Qualified disability expenses means the same as defined in section 529A of the Internal Revenue Code.

Qualified disability expenses means expenses described in 26 U.S.C.

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.

More Definitions of Qualified disability expenses

Qualified disability expenses means qualified disability expenses as defined in Section 529A.

Qualified disability expenses means any expenses related

Qualified disability expenses means any expenses related to the eligible individual’s blindness or disability that are made for the benefit of an eligible individual who is the designated beneficiary. Qualified disability expenses include the following: education; housing; transportation; employment training and support; assistive technology and personal support services; health; prevention and wellness; financial management and administrative services; legal fees; expenses for oversight and monitoring; funeral and burial expenses; and other expenses approved by federal rules and regulations; and

Qualified disability expenses means expenses described in 26 U.S.C. sec. 529A of a person who is the beneficiary of an ABLE account.

Qualified disability expenses means the same as that term is defined in the federal

Qualified disability expenses means any expenses incurred at a time when the designated beneficiary is an eligible individual that relate to the blindness or disabilityof the designated beneficiary of an ABLE account, including expenses that are for the benefit of the designated beneficiary in maintaining or improving his or her health, independence, or quality of life. See §1.529A-2(h). Any expenses incurred at a time when a designated beneficiary is neither disabled nor blind within the meaning of §1.529-1(b)(9)(A) or §1.529-2(e)(1)(i) are not qualified disability expenses.

Qualified disability expenses means qualified disability expenses as defined in section 529A(e)(5) of the Internal Revenue Code, 26 U.S.C. 529A(e)(5).