The Pennsylvania Treasure Stacy Garrity announced that for the fourth time in three years a fee reduction for PA ABLE.
PA ABLE is Achieving a Better Life Experience, which helps those with disabilities save and pay for disability-related expenses without losing supplemental security income and medical assistance.
The 0.02 percent cut is in thanks to the National ABLE Alliance surpassed the $450 million asset goal. In the last three years PA ABLE assets have tripled.
With this announced cut it will save more than $80,000 for PA ABLE account owners every year going forward.