ABLE Savings Plan
IAble accounts make it possible for eligible individuals with disabilities and their support system to save for the future and spend in the present while maintaining federal means-tested benefits such as Supplemental Security Income (SSI), Medicaid and more. Savings can be spent tax-free on a broad range of qualified disability expenses including housing, health and wellness, education and training, therapy, basic living expenses and more.
- IAble account owners who receive SSI benefits can save up to $100,000 in an account without losing benefits
- Any amount saved in an IAble account is not counted in determining eligibility for other federal needs-based benefits, including Medicaid
- High-quality asset allocation options that fit goals and comfort levels
- Popular checking account option with a debit card
IAble accounts solve a long-time predicament many people with disabilities face – how to build financial wellness without risking much-needed federal government benefits.
Visit IAble.gov to learn more, and read the Program Disclosure Booklet (PDF) for details about the plan.
More Information About IAble
- Eligibility Quiz: Not sure if you or someone you know is eligible to open an IAble account? Our Eligibility Quiz can help guide you.
- New Account Checklist (PDF): See what information and items you may need to open an account for yourself or on behalf of an eligible individual.
- IAble Fact Sheet (PDF): A brief overview of IAble’s benefits, qualified expenses and fast-facts, including total assets, total accounts, average account size and more.
- Frequently Asked Questions: Check out our FAQ page to learn even more about IAble.
- IAble Newsletter: Sign up for our quarterly IAble newsletter to stay up-to-date with the latest information from the plan.
- Speaker Request Form: Are you interested in having an IAble speaker at your event? Fill out our speaker request form and a member of the Treasurer's Office staff will be in touch.
- SNAP and IAble Accounts Fact Sheet (PDF): Learn about the treatment of IAble accounts for Supplemental Nutrition Assistance Program (SNAP) eligibility.
