General Newsletter September 2017
New Missouri MOABLE Program Introduces Disability Savings Accounts
Missouri has implemented a new financial program to help disabled persons and their families achieve financial stability. Missouri Achieving a Better Life Experience (MOABLE) accounts will operate similarly to 529 education savings plans: Qualifying individuals may deposit money and withdraw tax-free as long as the money is used for disability-related expenses. MOABLE was passed in December of 2014.