28-21-2. Determination of eligibility or amount of state or local benefits for ABLE savings program beneficiary.
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/sd/title-28/chapter-28-21/28-21-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When determining the eligibility or amount of benefits to be received by a designated beneficiary of an ABLE savings program, a state or local agency may not consider a contribution to an account in a qualified ABLE savings program, earnings on the contribution, or a distribution from the account for qualified disability expenses as defined in section 529A(e)(5) of the Internal Revenue Code, 26 U.S.C. 529A(e)(5), as of January 1, 2016.