FASB’s Invitation to Comment – Agenda Consultation
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
Summary
SIFMA provides comments to the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) on proposed regulations under Section 529A pertaining to qualified ABLE programs. SIFMA strongly supports the goal of Congress, Treasury and the IRS to create a new savings vehicle that addresses the unique financial challenges faced by children with disabilities and their families.
See also:
Guidance Under Section 529A: Qualified ABLE Programs
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