WHO IS ELIGIBLE FOR AN ABLE ACCOUNT?

ABLE Accounts are for individuals whose disability began before age 26. 

The disability must be long-term (more than 12 months) and must cause
“marked and severe functional limitations.”

You must also meet one of the following criteria:

  • You are eligible for Supplementary Security Income (SSI) or Social Security Disability Insurance (SSDI); or

  • A doctor has diagnosed you with a disability (physical or mental)

 

VIEW LIST OF ELIGIBLE DISABILITIES & CONDITIONS:

  • Early Intervention

    0-3 Years Old is the best time to start with an ABLE Account and use an a longterm investment vehicle.

  • Childhood

    Elementary school age kids is usually when caregivers start to realize the future they want to build.

  • High School

    This stage is when planning for adulthood becomes essential with an ABLE Account.

  • Postsecondary

    As people with disabilities grow into young men and women, ABLE Accounts allow for planning.

  • Working Adults

    At this point, it’s crucial to have an ABLE account to allow for financial freedom.

  • Later Years

    It’s never too late to open an ABLE Account.

Family Members,
Guardians & Caregivers

 

Anyone can contribute to a Loved Ones’ ABLE  Account. There is a lot of flexibility for representative payees to manage and control the ABLE account until certain ages, an entire lifetime or just to assist your loved one with managing expenses.

ABLE Accounts remove the burden of constantly worrying about their loved one’s financial future.