A Broad Overview of 529 Plans and the Achieving a Better Life Experience (ABLE) Act

September 22, 2016 | Kweku Obed, CFA, CAIA, Managing Director, Dave Smith, CFA, Managing Director

While 529 plans have existed for over two decades, recent developments such as the Achieving a Better Life Experience (“ABLE”) Act have provided a new avenue for families with eligible disabled dependents to build a pool of assets that cover qualified disability expenses such as education, housing, and transportation. Like 529 plans, 529 ABLE (“529A”) plans provide a tax advantaged investment vehicle for eligible participants.

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Kweku Obed, CFA, CAIA
Managing Director

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Dave Smith, CFA
Managing Director

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The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

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