Louisiana ABLE Account Q&A

Louisiana ABLE Account Q&A

Since Louisiana passed its version of ABLE Act in 2014, we have been waiting for word on when Louisiana ABLE accounts would become available. While we wait, other states’ ABLE accounts have come online. Some states allow people who do not live in that state to open an ABLE account there. Just like choosing a bank for your checking account, you can choose which state you want to hold your ABLE account. Many of us have been waiting to see what Louisiana’s program will look like before we decide where to open an account.