QDE

An ABLE account is similar to a bank savings account in that it can be used for saving excess funds. In addition, the funds in an ABLE account can be invested and the earnings grow tax free. Typical Checking and Savings Bank Accounts A typical way to save and manage money is to have both…

Yup, that is what I’m calling it – a brief description of an ABLE account. Brief because this is a broad overview of how an ABLE account works. A more detailed description is found in each state ABLE program’s “Plan Disclosure Document” (North Carolina’s), which usually can be found at the bottom of each state’s…