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Delaware News



 Pages Tagged With: "ABLE Accounts"

New Tax Deduction for Contributions to Savings Plans

Act now to save money when filing your 2022 tax return next year Thanks to a new law enacted by the Delaware General Assembly, Delaware taxpayers have new opportunities to save money. Delawareans who save for school with the DE529 Education Savings Plan may qualify for a new tax deduction on their state returns. “While […]




Celebrating National ABLE to Save Month

August marks “ABLE to Save Month,” and Delaware State Treasurer Colleen Davis wants to use the opportunity to celebrate Delawareans with disabilities and the freedom, independence, and possibilities their ABLE accounts provide. ABLE (Achieving a Better Life Experience) plans allow individuals with disabilities and their families to save for a broad range of expenses on […]




Two State Sponsored Savings Programs to Bring New Tax Deductions

With the signing of House Bill 145, Delawareans who make contributions to DE529 Education Savings Plan accounts, or DEPENDABLE accounts, will be eligible for a deduction from their federal adjusted gross income (AGI) when filing their income taxes. “Creating pathways to economic empowerment remains one of my top priorities for our office,” said State Treasurer […]




State Treasurer Colleen Davis Marks #ABLEtoSave Month

Campaign comes on the heels of record setting effort To encourage people with disabilities to save for their futures, State Treasurer Colleen Davis is recognizing August as #ABLEtoSave Month, an effort to educate people with disabilities about the importance of opening ABLE (Achieving a Better Life Experience) accounts. ABLE accounts are tax-advantaged savings accounts that […]




Treasurer Davis Urges Change to Protect Financial Freedom of People with Disabilities

Delaware State Treasurer Colleen Davis is calling on Congress to expand eligibility for the Achieving a Better Life Experience (ABLE) Act. Both the United States Senate (S. 651) and House of Representatives (HR. 1814) introduced bills to increase the age of onset for individuals with disabilities, allowing them and their families to establish tax-advantaged savings […]







 Pages Tagged With: "ABLE Accounts"

New Tax Deduction for Contributions to Savings Plans

Act now to save money when filing your 2022 tax return next year Thanks to a new law enacted by the Delaware General Assembly, Delaware taxpayers have new opportunities to save money. Delawareans who save for school with the DE529 Education Savings Plan may qualify for a new tax deduction on their state returns. “While […]




Celebrating National ABLE to Save Month

August marks “ABLE to Save Month,” and Delaware State Treasurer Colleen Davis wants to use the opportunity to celebrate Delawareans with disabilities and the freedom, independence, and possibilities their ABLE accounts provide. ABLE (Achieving a Better Life Experience) plans allow individuals with disabilities and their families to save for a broad range of expenses on […]




Two State Sponsored Savings Programs to Bring New Tax Deductions

With the signing of House Bill 145, Delawareans who make contributions to DE529 Education Savings Plan accounts, or DEPENDABLE accounts, will be eligible for a deduction from their federal adjusted gross income (AGI) when filing their income taxes. “Creating pathways to economic empowerment remains one of my top priorities for our office,” said State Treasurer […]




State Treasurer Colleen Davis Marks #ABLEtoSave Month

Campaign comes on the heels of record setting effort To encourage people with disabilities to save for their futures, State Treasurer Colleen Davis is recognizing August as #ABLEtoSave Month, an effort to educate people with disabilities about the importance of opening ABLE (Achieving a Better Life Experience) accounts. ABLE accounts are tax-advantaged savings accounts that […]




Treasurer Davis Urges Change to Protect Financial Freedom of People with Disabilities

Delaware State Treasurer Colleen Davis is calling on Congress to expand eligibility for the Achieving a Better Life Experience (ABLE) Act. Both the United States Senate (S. 651) and House of Representatives (HR. 1814) introduced bills to increase the age of onset for individuals with disabilities, allowing them and their families to establish tax-advantaged savings […]