The Federal government has announced increases in the amount of contributions that can be made to an ABLE account. If you or a loved one is the beneficiary of an ABLE account, you and others can contribute up to $17,000 in 2023 to that ABLE account. This is good news for all who are eligible for an ABLE account.
If you or a loved one suffer from some special need, Hughes & Associates is available to assist you in establishing the proper trusts and accounts to enable the person with needs to effectively take advantage of the various programs available to them.