Tax Policy – Georgia Opens Qualified ABLE Program

On June 13, Georgia became the 22nd state to launch a qualified ABLE Program. This program is currently only open to Georgia residents. The program has five investment options. There is a quarterly fee of $3.50 and asset-based fees that range from 0.19% to 0.34% for investment options. The minimum initial deposit is $50. More information about state implementation of the ABLE Act can be found here. General information about ABLE programs can be found in the National Policy Matters: ABLE Accounts for People with Disabilities here.

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