ABLE United

Prepaid Card

General

How It Works

Benefits

Qualified Expenses

Eligibility

Opening an Account

Gifting

Tax Benefits

What type of disabilities qualify for an ABLE account?

Any disability that qualifies for SSI or SSDI or blindness that developed before the age of 26 is eligible for an ABLE account.

The Internal Revenue Service categorizes eligible disabilities as follows:

  • Developmental Disorders: Autistic Spectrum Disorder, Asperger’s Disorder, Developmental delays and learning disabilities
  • Intellectual Disability: May be reported as mild, moderate, or severe intellectual disability
  • Psychiatric Disorders: Schizophrenia, Major depressive disorder, Post-Traumatic Stress Disorder (PTSD), Anorexia Nervosa, Attention Deficit/Hyperactivity Disorder (AD/HD), Bipolar Disorder
  • Nervous Disorders: Blindness, Deafness, Cerebral Palsy, Muscular Dystrophy, Spina Bifida, Juvenile-onset Huntington’s Disease, Multiple Sclerosis, Severe sensorineural hearing loss, Congenital cataracts
  • Congenital Anomalies: Chromosomal abnormalities, including Down Syndrome; Osteogenesis Imperfecta, Xeroderma Pigmentosum, Spinal muscular atrophy, Fragile X Syndrome, Edwards Syndrome
  • Respiratory Disorders: Cystic Fibrosis
  • Other: Tetralogy of Fallot, Hypoplastic left heart syndrome, End-stage liver disease, Juvenile-onset rheumatoid arthritis, Sickle cell disease, Hemophilia, and any other disability not listed

Those who don’t receive social security benefits are still eligible if they can get a signed Diagnosis Form from a licensed physician.

Does my disability meet the eligibility requirements for an ABLE United account?

An individual meets the disability and severity criteria to open an ABLE account if at least one of the following is true:

  • The individual is entitled to Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI).
  • The individual has a condition on the List of Compassionate Allowances Conditions maintained by the Social Security Administration.
  • The individual has a diagnosis from a physician showing that they have a medically determinable physical or mental impairment that results in marked and severe functional limitation(s), and which can be expected to result in death, or has lasted or can be expected to last for a continuous period of at least 12 months.

Those who don’t receive Social Security benefits are still eligible if they can get a signed Diagnosis Form from a licensed physician.

Who owns the ABLE United account?

The account and the funds in it are owned by the Beneficiary, regardless of whether they opened the account or if it is managed by an Authorized Legal Representative.

Can I still work and have an ABLE United account?

Yes. Contributions into an ABLE United account from wages still count as earned income, but do not count as an asset for federally means-tested programs such as Medicaid. For SSI, the first $100,000 does not count as an asset.

Beneficiaries who work can contribute more than $18,000 per year. To learn more visit ABLE to Work.

Who is an Authorized Legal Representative (ALR)?

An Authorized Legal Representative (“ALR”) is someone who is legally authorized to make decisions for the Beneficiary as it relates to their ABLE account. An ALR is a Custodian for the Beneficiary, such as an individual selected by the Beneficiary, or the eligible individual’s agent under a power of attorney, conservator or legal guardian, the spouse, a parent, a sibling, a grandparent, or a representative payee (whether an individual or organization) appointed by the Social Security Administration (SSA), in that order. The ALR may neither have, nor acquire, any beneficial interest in the account during the Beneficiary’s lifetime and must administer the account for the benefit of the Beneficiary.

If you are interested in a power of attorney for a Beneficiary, you can find one specific to ABLE United here.

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