Enjoy more independence and save for your future
More independence, greater financial security and quality of life – that’s the future the Alabama ABLE Savings Plan wants to help build.
An ABLE account is a way to save for eligible disability-related expenses. If you’re receiving Supplemental Security Income (SSI), you can have up to $100,000 in an ABLE account without it counting towards the $2,000 asset limit.
Discover the new Alabama ABLE Savings Plan
The Savings Board is excited to offer Alabamians a new ABLE Program, and the only official ABLE program for the State of Alabama. The Alabama Savings Plan offers great benefits and new features to help you save, and more!
You’ll soon notice just how easy the Alabama ABLE platform makes saving and investing in your Alabama ABLE Savings Plan account. The account management interface is designed to be ADA Accessibility compliant and is incredibly easy to follow. Our savings platform also allows you to set a savings goal to help you monitor your progress and stay on track.
Want to join the Alabama ABLE Savings Plan by rolling over your existing ABLE account?
If you’re interested in transferring an existing ABLE account (e.g. your Enable Savings Plan Alabama account), you just need to fill out an ABLE to ABLE Rollover Form to get started. Keep in mind that you can only make one rollover every 12 months. An ABLE account can also be rolled over to an eligible member of the family upon the death of the original beneficiary who opened the account, provided a successor beneficiary was named prior to the designated beneficiary’s death.
Create a custom gifting page
You can create a unique gifting page that can be privately sent to friends and family to help you reach your savings goal. You can also easily share it on social media to help spread the word and grow your savings. It’s the gift that keeps on giving! Best of all, contributions can be made for as little as $5, so it’s easy to get started. Just sign in to your account, click on “Overview” and then click on the “Create a Gifting Page” link. You’ll be able to customize your page with an optional savings goal and decide how you would like the gifted funds to be invested.