The Tax Cuts and Jobs Act (TCJA) supports funding of Achieving a Better Life Experience (ABLE) accounts designed for use by people with disabilities. Under the new law all of the following are true except:

A. Taxpayers can roll over 529 plan assets to an ABLE account

B. Taxpayer can roll over an unlimited amount to an account with the same beneficiary

C. Taxpayers who work and earn income will now be able to make contributions into their ABLE accounts in excess of the annual maximum contribution limit

D. Taxpayers who are able to take advantage of contributing earned income to their ABLE account may be able to take advantage of the Saver’s Credit

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