SECURE Act 2.0: ABLE Account

This is our ninth vlog about the changes to retirement plans under the SECURE Act 2.0 which became law in December 2022. You can find all of the other vlogs about other changes on our website. 

Today, we will talk about the ABLE account and its maximum age for onset of a disability. Before I explain about the change, I would like to elaborate on what ABLE Account is. ABLE account is a tax-advantaged savings program for people with disabilities and is designed to help pay for education, housing, food, transportation, employment training and support, health care expenses, financial management and more. Any withdrawals from an ABLE Account that are used to cover support and maintenance for a person with a disability is tax-free. 

Before the SECURE Act 2.0 changed the law, only people who were disabled before age 26 could open an ABLE account. Starting in 2026, anyone who became disabled prior to age 46 can open an ABLE Account. 

If you would like to learn more about the ABLE account, please feel free to contact us anytime.

Adrianna Environmental B&W

Adrianna Rocha

Client Relations Specialist

240-379-6929 V
240-439-6889 VP
512-379-6909 FAX
adrianna@kramerwealth.com

Adrianna Rocha joined Kramer Wealth Managers in 2021.

Adrianna is responsible for client experiences and service. As part of the customer service team, she strives to help and provide top-notch service to our clients. As part of her role, she communicates with clients through videophone, schedules client meetings, prepares and processes forms, and gathers information for our advisors.

Adrianna Rocha graduated with a Bachelor of Arts in Communication Studies from Gallaudet University in 2017. Before she joined our team, she worked in the customer service industry for nearly a decade. She excels in human-to-human relations and takes pride in not only her own accomplishments, but her clients’ as well. Adrianna enjoys chatting about her slight obsession with dogs, houseplants, essential oils, and food: especially Mexican food! She is also a proud fur-mama to her beautiful Aussie-mixed pup, Ziva.

Adrianna is not registered with Osaic Wealth.