Thank you for your detailed response …
To answer your question, he does not receive benefits and so does not have to worry about those asset limits.
You have confirmed my instincts about it —
I guess the last piece to clarify is whether he can participate in a 401(k) without worrying about use of his ABLE Account.
Problem is, when I called the ABLE helpline to on two different occasions, I received two different answers … so I’m hoping someone here knows the actual rules!
To answer your question, he does not receive benefits and so does not have to worry about those asset limits.
You have confirmed my instincts about it —
I guess the last piece to clarify is whether he can participate in a 401(k) without worrying about use of his ABLE Account.
Problem is, when I called the ABLE helpline to on two different occasions, I received two different answers … so I’m hoping someone here knows the actual rules!
Statistics: Posted by ronnie56 — Thu May 02, 2024 8:05 am — Replies 3 — Views 253