Probably not. ABLE accounts may only pay for qualified disability expenses. The IRS describes these as “housing, education, transportation, health, prevention and wellness, employment training and support, assistive technology, and personal support services.”
Harry S. Margolis practices elder law, estate, and special needs planning in Boston and Wellesley, Massachusetts. He is the founder of ElderLawAnswers.com and answers consumer questions about estate planning issues here and at AskHarry.info.
