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ABLE Accounts give people with special needs more independence and financial security
Learn more about ABLE AccountsWhat are the benefits?

Tax-Free Earnings
Earnings on savings are tax-deferred and tax-free when used to pay for qualified expenses.

Financial Benefits Not Affected
Balances and distributions do not affect federal needs-based financial aid such as Medicaid or SSI.
Subject to some limitations

The STABLE Visa Card
Participants can request their own STABLE Visa® Prepaid Card that can be used to spend money on qualified expenses.
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Saving & Investing
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MAKE EASY DEPOSITS ONLINE
Contribute up to $16,000 per year. If employed, you may be able to contribute up to an additional $12,880 of income.
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DIVERSE CHOICES
Choose from among five different investment options, including four mutual fund based investments and one FDIC-insured savings option.
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FLEXIBLE CHANGES
Freedom to change your investment options twice every calendar year.
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Qualified Expenses
Use the money in your account to pay for any expense related to your disability — not just medical expenses. Examples of things you can use your STABLE Account for:-
Basic Living Expenses
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Housing
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Transportation
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Education
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Assistive Technology
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Employment Training
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Personal Support Services
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Legal Fees
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Health & Wellness
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Financial Management