Dr. Friday 0:00
Good day. I’m Dr. Friday, President of Dr. Friday’s Tax and Financial firm. To get more info go to www.drfriday.com. This is a one-minute moment.
Dr. Friday 0:12
Tax law enables eligible people who achieve a better life experience accountability put more money into their ABLE account. So here’s what you have. It’s a tax savings account. Let’s say you are an individual making $30,000 a year, and your employer says hey, we have a 401 K, and you say, “Great, I’m gonna start putting money away inside that account.” Guess what? The IRS will actually credit you, depending on how much you put aside, up to $2,000 credit for saving money when you’re in a lower income. So this is another way of putting more money in your pocket and saving money at the same time. Check us out at drfriday.com.
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 pm to 3 pm on 99.7 WTN.