Tax – Arizona, Wyoming Open Qualified ABLE Programs

Arizona and Wyoming recently opened new ABLE programs, bringing the total number of jurisdictions with ABLE programs to 35. These programs are currently open only to state residents. They have five investment options. The accounts have a $3.50 monthly fee and asset-based fees ranging 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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