Significant Enhancements to Nebraska’s Enable Law Regarding Death of Account Owner
Effective November 13, 2020, upon the death of an account owner of an Enable Savings Plan account who is a resident of the State of Nebraska, the State of Nebraska will not file a claim nor seek recovery of any amount remaining in the account for medical assistance received by the account owner, a spouse or dependent under the medical assistance program pursuant to the Medical Assistance Act, after the Enable account was established. Remaining assets in the account can be available to the estate, transferred to another account within the Enable Program or can be rolled over to another qualified ABLE program. Click here for more information. Check with rules in your state if the account owner is not a resident of Nebraska.
