Section 52:18A-255 - ABLE account disregarded for eligibility to receive certain benefits.

NJ Rev Stat § 52:18A-255 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

52:18A-255 ABLE account disregarded for eligibility to receive certain benefits.

7. Notwithstanding any other provision of State law or regulation that requires consideration of one or more financial circumstances of an individual, for the purpose of determining eligibility to receive, or the amount of, any assistance or benefit authorized by such provision to be provided to or for the benefit of such individual, any amount, including earnings thereon, in any ABLE account of such individual, and any distribution for qualified disability expenses shall be disregarded for such purpose with respect to any period during which such individual maintains, makes contributions to, or receives distributions from such ABLE account.

L.2015, c.185, s.7.