EXEMPT ORGANIZATIONS

T.D. 9923, page 1554. This document contains final regulations under section 529A of the Internal Revenue Code that provide guidance regarding programs under the Stephen Beck, Jr., Achieving a Better Life Experience (ABLE) Act of 2014. Section 529A provides rules under which States may establish and maintain a new type of tax-favored savings program through which contributions may be made to the account of an eligible disabled individual to meet qualified disability expenses. These accounts also receive favorable treatment for purposes of certain means-tested Federal programs. This document also contains final regulations under the Tax Cuts and Jobs Act of 2017 (TCJA), which modified the contribution limits and other provisions of section 529A. In addition, these regulations provide corresponding amendments to regulations under sections 511 and 513, with respect to unrelated business taxable income, sections 2501, 2503, 2511, 2642 and 2652, with respect to gift and generation-skipping transfer taxes, and section 6011, with respect to reporting requirements.

Finding Lists begin on page ii.