2022 New Hampshire Revised Statutes
Title XV - Education
Title 195-K - Achieving a Better Life Experience (Able) Savings Account Program
Section 195-K:1 - Definitions.

Universal Citation: NH Rev Stat § 195-K:1 (2022)
    195-K:1 Definitions. –
In this chapter:
I. " Achieving a Better Life Experience Act of 2014 " means the federal Achieving a Better Life Experience (ABLE) Act of 2014 which allows individuals with disabilities to establish tax-free 529A savings accounts to save for medical, housing, transportation, employment training, education, and other quality of life expenses.
II. " Executive director " means the executive director of the governor's commission on disability established in RSA 275-C.
III. " Individuals with disabilities " means individuals who are eligible for the program because their disabilities occurred on or before the individual attained age 26, as required by 26 U.S.C. section 529A(e)(1)-(2) of the federal Achieving a Better Life Experience Act of 2014.
IV. " Savings plan " means any plan administered as the New Hampshire ABLE savings account program.

Source. 2016, 9:1, eff. Mar. 16, 2016.

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