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Louisiana launches tax-free savings program for the disabled

Source: neworleanscitybusiness.com - Jul 6, 2017

Louisiana has started a new tax-free savings account program that will allow families set aside money to help children with disabilities pay for expenses.

Treasurer Ron Henson and the Louisiana Office of Student Financial Assistance announced the program ‘s launch. The program is tied to a 2016 state law called the Louisiana Achieving a better Life Experience Act — or the Louisiana ABLE Act.

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Category: General Business

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