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New Jersey Launches Tax-Free Savings Accounts for Individuals with Disabilities

July 29, 2018

TRENTON, NJ — Individuals with disabilities can now save tax-free for eligible expenses, such as education, housing and transportation, without losing eligibility for Medicaid and other benefits.

N.J. Department of Human Services recently launched NJ ABLE (Achieving a Better Life Experience), which enables participants to establish tax-free accounts that will not be included as an asset ...

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