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This is the final post in an informational series about ABLE accounts, which are available in Massachusetts as a result of the passage of the Autism Omnibus Act, in which MAC played a leading advocacy role. The content in this series is provided by Fidelity Investments via a collaboration between MAC and Fidelity.*

Rollover balances from a 529 College Savings Plan

You can now roll balances from 529 plans owned by a family member into an Attainable Savings PlanTM account. Rollovers from 529 accounts into an Attainable account are counted against the annual contribution limit, which is currently $15,000 (more if the designated beneficiary has income from employment), but this rollover ability provides a good way to fund your Attainable account and keep your benefits protected.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

 

 

 

 

AugustFootnote