Reply to Low needs ASD - planning for future

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not op, can someone talk about ABLE and trust more. Can low support need kid open and use them? I and DH do not expect our 2 low support needs( both high functioning ASD/ADHD) ES kid to take care of us, so we have been trying our best to fund our post retirement fund. The current expenses for kids are high like aftercare care, lessons, therapies and tutoring etc.. Our retirement fund is not that high. We had opened 529 (we reside in MD) accounts for them, but there is not much money in it because we are not sure if they could attend college. Should we try to open ABLE or special need trust? Are they tax deductible? [/quote]

I'm the pp who has that for dc. Autism is a qualifying dx for an ABLE account. I recommend going to the able united website and reading all the info there - it's Florida but able is a national program. I don't know about the trust.[/quote]

The ABLE National Resource Center is the national organization that can provide broad information regardless of where you live. They have lots of webinars and trainings and are an overwhelmingly useful resource for up-to-date, and clear information. https://www.ablenrc.org/[/quote]

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