FAQs
Answers at your fingertips
You can scroll through the FAQs or click on a category below to scroll to that section of the page.
- About ABLE
- ALR
- Benefits
- Contributions
- Eligibility
- Fees
- General
- Gifting
- How the Account Works
- Linking Bank Accounts
- Opening an Account
- Prepaid Card
- Qualified Expenses
- Successors and Estates
- Tax Benefits
- How can I use the money in my account?
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You can withdraw money from the account and use it for eligible qualified disability expenses which includes most costs associated with living with a disability.
See the list of approved categories for more details.
- What happens if I no longer want to have an online gifting page for my account?
- No problem. You can delete it anytime you want, and the contributions that have previously been gifted (including pending contributions) will stay in your account. Just sign into your account, go to your “account overview” and click on the gifting module. Select “Edit this page” and then click... Read more
- How do gifting limits work?
- Gift contributions count towards your standard contribution limit for the year. Friends and family will be prevented from making gift contributions that go beyond the gifting limit you set, but gift contributions could also be capped by contributions you make. For example, if your gifting limit is... Read more
- How do I make a gift contribution online?
- To contribute online, first make sure the recipient has set up their gifting page. Then, use their gifting page link to fill out the form fields as directed — it’s just the usual stuff, like your name, address, the amount you want to contribute, the payment method you would like to use, and the... Read more
- How will I know if I’ve received gifts?
- When a gift contribution has finished processing, you’ll get an email letting you know someone contributed to your account. All processed gift contributions will also appear in your activity feed. Please keep in mind, any gift contributions made through an online gifting page will not be available... Read more
- Are gift-givers charged a fee when they contribute through my page?
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There is no fee for bank account (ACH) gift contributions.
Using the paper Gift Form to contribute by mailing in a paper check is also fee-free.
- Who can send me gifts?
- Once you’ve set up your gifting page, anyone who has a link to it can contribute towards your goal. You can also give friends and family a Gift Form if they’d like to mail a check contribution. Keep in mind that gift contributions count toward your yearly standard contribution limit. So, if you’ve... Read more
- How do I set up my gifting page?
- To create a gifting page: Sign in: Click the gifting link on your account overview page. Set a gifting limit: You can decide to cap the amount of gift contributions you receive each year so that you can add more money to your ABLE account. Review & Publish: Get a preview of what it will look... Read more
- Can I roll over a 529 College Savings Plan into my ABLE account?
- Yes, you can roll over money from a 529 college savings account into a beneficiary’s (or family member’s*) ABLE account without being penalized. There is a $18,000 rollover limit (less the current tax-year ABLE contributions). You can use the appropriate 529 College Savings to ABLE Rollover... Read more
- What’s the difference between an ABLE account and a Special Needs Trust?
- Although both can be established to enable a person with a disability to acquire assets without jeopardizing benefits, it’s important to know that an ABLE account allows the person with the disability to open and manage the account on his/her own. The ABLE account must be used for any qualifying... Read more
