Texas Able program open for enrollment

Texas Able program open for enrollment
Texas Able now open for enrollment (Source: Texasable.org)

AMARILLO, TX (KFDA) - The new "Texas Achieving a Better Life Experience" program or "Texas Able" is open for enrollment today.

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The program gives Texans with disabilities and their families the opportunity to save money for disability related expenses in a tax advantaged account without losing their eligibility for public benefits.

Any eligible adult can open a Texas Able account and use it to save up to $15,000 per year.

Funds in the account, including earnings, are not subject to federal income tax if used for expenses related to the eligible individual's disability.

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