Disclaimer:The following blog-post is sponsored by ABLE United and Bloggin Mamas. All opinions are my own.
‘Tis the season for giving, and ABLE United is in the holiday spirit!
In addition to recently reducing the monthly account fee to $0.00, they are also offering individuals who create a new account during the months of November and December the opportunity to win a $1,000 contribution – and if you use my promo code “(Blogger Promo Code goes here)” during registration, they will send you a free gift.
It’s important to note, especially during the holiday season, that anyone may contribute to an ABLE United account via the eGift portal, check, money order, cashier’s check, or automatic contribution.
ABLE United provides family members and friends with the opportunity to make a gift to an individual with a disability in the same manner as they contribute to a 529 college savings account. While an ABLE United account is an option to consider, they must be mindful of some of the differences between an ABLE United account and a 529 college savings account. The differences they should take into consideration might include:
– ABLE United accounts can only receive up to $14,000 in contributions from all sources per year (this limit increases to $15,000 in 2018).
– Funds in an ABLE United account can be used tax-free for a wide variety of qualified disability expenses including housing, transportation, medical, and even basic living expenses.
Open your account by December 31, 2017, and you could be the one lucky winner to receive a $1,000 account contribution from ABLE United! To get started, click here (Make “here” link to your Blogger UTM Code) – and if you have any questions along the way, call their customer service hotline at 1-888-524-ABLE (2253)
Go to there website here