01.12.24 Clark Answers His Critics on Clark Stinks / WARNING: Old 401(k)s At Risk
The Clark Howard Podcast
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Able Accounts and Government Assistance
In this chapter, they discuss the existence and benefits of able accounts for individuals with disabilities who require lifetime care. These accounts allow people to save for disabled children or adults without impacting their eligibility for government assistance. The rules surrounding able accounts and their interaction with other retirement plans such as 401k and Roth IRA are complex and constantly changing.
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