Empowering people with disabilities and their families to save for the future, while protecting eligibility for public benefits
The Stephen Beck, Jr. Achieving a Better Life Experience Act (ABLE Act) became law on December 19, 2014. The ABLE Act creates a new option for some people with disabilities and their families to save for the future, while protecting eligibility for public benefits.
ABLE plans can change the way individuals with disabilities and their families participate in the community, build financial wellness and plan for the future by empowering them to save and invest for the added expenses that come with having a disability without losing access to federal means-tested benefits.
ABLE accounts foster person-centered independence, build self-reliance, encourage employment and improve quality of life. Contributions to ABLE accounts can come from earnings, family, friends and other sources. Earnings on ABLE accounts are tax-deferred, and withdrawals are tax-free as long as they are used for qualified disability-related expenses.
Data current as of December 31, 2021.
ABLE today, launched by the National Association of State Treasurers Foundation (NAST Foundation) in 2022, is a national awareness and educational initiative aimed at advancing financial empowerment and community inclusion for people with disabilities through ABLE accounts. ABLE today supports a collaborative, national effort for expanding outreach for ABLE Programs to the disability community and establishing partnerships to promote the positive impacts of ABLE accounts. For more ABLE information or to partner with ABLE today, please visit www.abletoday.org or contact the ABLE today team at firstname.lastname@example.org.
Click on your state below to learn more about the ABLE plan your state offers
Green - Open to residents of all states
Gold - Open to state residents only
If your state does not currently offer an ABLE Plan (shown in BLUE on the map), you can participate in any of the plans that are open to residents of any state.
“Having an ABLE account now means financial security. I just put a down payment on an accessible vehicle with the money I saved in my ABLE account. I don’t know what I would do without ABLE.”
— Wendy Settles, Illinois, Young adult professional with Cerebral Palsy
ABLE in the News
ABLE Accounts Give Disabled More Financial Freedom – April 27, 2022
What is an ABLE account? It’s a savings account for people with disabilities – October 27, 2021
Revisiting the ABLE Act – October 26, 2021
Congress can help Americans living with disabilities by passing the ABLE Age Adjustment Act – April 20, 2021 – OPED by NAST ABLE Committee Chairs
Rep. McMorris Rodgers on the ABLE Act: ‘It’s Personal’ – October 20, 2020
Can a disabled person have savings and qualify for Medicaid? – August 3, 2020
What Is an ABLE Account? – August 1, 2020
Help more vets, others save for medical expenses – July 21, 2020
An Introduction to ABLE Accounts – March 23, 2020
IAble wants more – Editorial celebrating 3rd Anniversary of IAble – February 27, 2020
Everything You Need to Know About ABLE Accounts – February 19, 2020
Celebrating and expanding upon five years of the ABLE Act – February 9, 2020
Five Practical Uses for an ABLE Account – January 24, 2020
How to build support system for adult children with disabilities – January 9, 2020
529 ABLE Accounts: Helping End Forced Poverty For Disabled Individuals – November 12, 2019
How to Plan for Retirement and Special-Needs Care – October 19, 2019
Recent Changes to ABLE Accounts and Why Your Client Might Want One – September 23, 2019
Top Ways to Plan for Your Special Needs Child’s Future – August 2019
There’s a game-changing way for people with disabilities to save – August 24, 2019
Expanding the ABLE Act will help those who need it most – March 29, 2019
Sen. Burr and Sen. Casey ABLE Op-Ed – August 11, 2018