Kentucky Treasury Has Record Returns for Three-Year Period

Kentucky State Treasurer Allison Ball is reporting that over $70 million in monies returned on unclaimed property to Kentuckians over the past three years, the most in Treasury history during a three year period. Treasurer Ball added that in 2018 new programs were successfully implemented to help Kentuckians, and continued to revitalize and improve their processes. STABLE Kentucky, a savings and investment program for Kentuckians with disabilities launched in 2016, is now tax-free at the state level, and Treasurer Ball successfully advocated for a change in the law that would permit the rollover of funds from a 529 Education Savings Account to a STABLE Kentucky Account.

Be the first to comment

Leave a comment

Your email address will not be published.