The 529 ABLE Account Strategy for Special Needs

Lucas and Luna explore how families can pair a 529 plan with an ABLE account to save for a child with disabilities without jeopardizing Medicaid or SSI. They break down the $18,000 annual contribution limit, the 529-to-ABLE rollover of up to $16,000 per year, and the key difference: ABLE accounts don't count as assets for means-tested benefits. Using a real example of a family in Ohio, they show how to coordinate both accounts for maximum tax advantage and benefit protection. Episode 13 of The College Savings Podcast with Fexingo. #ABLEAccount #SpecialNeedsPlanning #529Plan #CollegeSavings #DisabilityBenefits #Medicaid #SSI #Section529A #TaxAdvantagedSaving #EstatePlanning #FinancialAid #FexingoBusiness #BusinessPodcast #Finance #PersonalFinance #EducationFunding #Ohio #BenefitEligibility Keep every episode free: buymeacoffee.com/fexingo