ABLE Account Saves for Disabled
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Business & Economics
ABLE accounts allow Americans with disabilities to save and invest. Here's how.
87% Informative
Achieving a Better Life Experience Act lets people people with disabilities save money beyond the $ 2,000 asset limit that's linked to benefits like Medicaid and Supplemental Security Income.
ABLE accounts have been available since 2016 to those identified by a doctor as having a disability before the age of 26 .
An estimated 8 million people nationwide already qualify.
In 2026 , the age limit for ABLE accounts will rise to 46 .
You can begin educating yourself now about the process of setting up the account.
Family, friends, and organizations may also begin setting money aside with the intention of contributing it to the account as of January 1 .
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