What Was Performed? A financial statement audit of the Achieving a Better Life Experience Act of 2014 (ABLE) Consortium Trust for Fiscal Year Ended June 30, 2019.Why This Engagement? The State of Delaware is a participating member of the ABLE Consortium Trust along with 16 other states. These statements were audited by a firm engaged by the Trust. The ABLE Act provides eligible individuals with blindness or qualifying disabilities a means to save for disability-related expenses in a tax -advantaged way through section 529A of the Internal Revenue Code. A consortium of states (Member States), of which the State of Delaware is a member, collaborated to facilitate the implementation and maintenance of qualified ABLE programs. Each Member State has adopted enabling legislation to establish a qualified plan under Section 529A.
DE
United States
