ABLE United

Prepaid Card

General

How It Works

Benefits

Qualified Expenses

Eligibility

Opening an Account

Gifting

Tax Benefits

Faces of ABLE: Geno

Born and raised in Miami, Geno is a star athlete on the Special Olympics National Team representing Florida in softball. His infectious personality makes him a stellar teammate and friend.

At an early age, Geno was diagnosed with autism but that has not slowed him down. In addition to the medals he’s won during his time competing in the Special Olympics, he has also served as a Customer Service Representative at Publix for 12 years.

His mother, Shebah, often describes her son as “gregarious.” Shebah shared that he enjoys everything that the Sunshine State has to offer, including sports (his favorite team being the Miami Heat), fishing, and music.

To ensure Geno’s financial future, Shebah recently opened an ABLE United account. “Being a single mother, I understand how important his financial independence would be to improve his quality of life,” she explained.

Since the day he was born, Shebah has wanted the best for Geno and has worked hard to set him up for success.

“Even before his diagnosis, I wanted Geno to be an active member of the community, contributing his many talents, regardless of his career path or disability,” she shared.

As advocates of the savings program, Geno and his mother are teaming up as the newest ABLE United Ambassadors. “We are excited to share with others how ABLE United has helped set him up for success and truly achieve a better life experience,” Shebah said proudly.

ABLE at Home

The spring months generally provide the ABLE United team an opportunity to connect with thousands of Floridians with disabilities at in-person events, conferences and special presentations.  However, in this time of social distancing, we know that’s just not possible.

In an effort to stay connected, we are launching the ABLE at Home campaign.

From new hobbies and science experiments to learning life skills, connecting virtually with others and extending kind gestures to neighbors and friends – many are using this extra time to find the “silver lining.”

Throughout the month of May and June, we want to hear how you are spending your time at home. Share a photo of yourself and what you’re up to at home to be entered into our ABLE at Home giveaway. Three grand prize winners will win a brand new 10.2-inch iPad to help you stay connected with family, friends – even classmates. To review the iPad Promotion Guidelines, please click here

But, wait, there’s more.

Individuals who enroll in a new account between Friday, May 1 and Tuesday, June 30 and complete enrollment by depositing at least $25, will receive a FREE $75 contribution on us.

We hope that you’ll consider using this time to add enrolling in an ABLE United account to your to-do list and make saving for you or your loved one part of your daily, weekly or monthly routine.

We look forward to “seeing” you all this month while #ABLEatHome.

*Promotion Guidelines:
Enroll in a new ABLE United account between May 1, 2020 and June 30, 2020 on ableunited.com, and you will receive a $75 contribution into your new ABLE United account. This offer only applies to new accounts opened between May 1, 2020 and June 30, 2020. Funds earned will be deposited directly into your ABLE United account by October 1, 2020. ABLE United is a savings and investment plan that may be used to set aside funds for qualified disability expenses. Funds may be used tax-free to pay for any qualified disability expense. This promotion is limited to the first 500 accounts.  ABLE United reserves the right at its sole discretion to disqualify any individual it finds to be in violation of the guidelines or any laws, or to be attempting to undermine the legitimate operation of the promotion by cheating, hacking, deception, or any other unfair practices. Please review the Program Description and Participation Agreement before opening an account.

$50 Summer Promotion

Question: What should every individual with a disability have?

Answer: If they qualify, an ABLE United account.

ABLE United accounts offer the ability to save while maintaining SSI and Medicaid.  Family and friends can contribute to the account as well, and earnings are tax-free when used for qualified expenses.   Now, to help you get started, we are kicking off the summer season with a special offer for new account holders.

If you open a new account anytime between May 1 – July 31, 2019, ABLE United will contribute $50 into your account to help you get a head start on saving!*

Did you know that we recently introduced new account features to ensure that individuals with a disability can save for a better life experience in the way that best fits their needs and goals?

New features include:

  • FDIC-insured savings option for peace of mind
  • Ability to choose how you withdraw funds to allow you to use your account your way
  • Enhanced gifting page to allow others to support you in reaching your savings goals
  • Live chat with Customer Service to answer all your questions

Opening an account is quick, easy and free – below is the information you will need to get started:

  • Personal identifying information of the account owner and if necessary the person opening the account on their behalf
  • Banking information
  • Selection of savings or investment options
  • A contribution as little as $25 to get started.

There’s never been a better time to start saving than now. Open your account today

*Promotion Guidelines:

Enroll in a new ABLE United account between May 1, 2019 and July 31, 2019 on ableunited.com, and you will receive a $50 contribution into your new ABLE United account. This offer only applies to new accounts opened between May 1, 2019 and July 31, 2019. Funds earned will be deposited directly into your ABLE United account by October 31, 2019. ABLE United is a savings and investment plan that may be used to set aside funds for qualified disability expenses. Funds may be used tax-free to pay for any qualified disability expense. This promotion is limited to the first 5,000 accounts.  ABLE United reserves the right at its sole discretion to disqualify any individual it finds to be in violation of the guidelines or any laws, or to be attempting to undermine the legitimate operation of the promotion by cheating, hacking, deception, or any other unfair practices. Please review the Program Description and Participation Agreement before opening an account.

Account Enhancement Highlight: FDIC Savings Fund

At ABLE United, we offer account holders professionally managed savings and investment options. These options include predesigned portfolios and individual funds from which customers can build a custom portfolio.

With the recent transition of our Customer Service and Records Management to Sumday Administration, LLC, a wholly-owned subsidiary of the Bank of New York (BNY) Mellon, we are excited to introduce an FDIC Savings Fund to the investment and savings options available to our customers.

The FDIC Savings Fund is an FDIC-insured savings account option with funds placed in a demand deposit account established by the Trust at the Bank of New York Mellon (Bank). FDIC insurance generally protects up to $250,000 of your deposits at the same bank in the same ownership right and capacity. The funds in your ABLE account invested in the FDIC Savings Fund, along with other deposits you hold at the Bank, will be insured up to $250,000.

This transition also provides more flexibility for customers by allowing the account holder to select which fund(s) to withdraw money from – an easy way to manage your investments separate from your savings.

It’s important to know that any new contributions can be directed toward any of the available savings and investment options, and all current investments can be transferred between savings and investment options up to two times per year.  To make changes to your current investments, simply sign in to your account, click on the Investments tab, and look for the Change Strategy link under the Total Balance section.

We provide performance summaries for each of the eight savings and investment options on a monthly basis, which consists of the investment returns for each option net of the Investment Administration Fee (note: there is no Investment Administration Fee for the FDIC Savings Fund).

Have questions? Contact Customer Service through live chat or by calling toll free at:

1-888-524-ABLE (2253) (Monday – Friday, 9am – 6 pm ET)

1-844-888-2253 TTY (Monday – Friday, 9 am – 8 pm ET)

New Account Features Delivered!

With the recent transition of our Customer Service and Records Management to Sumday Administration, LLC, a wholly-owned subsidiary of the Bank of New York (BNY) Mellon, we are excited to share the account enhancements now available to our customers.

FDIC-insured savings option to give you peace of mind
• Live chat with customer service
• New gifting page to allow others to support you in reaching your savings goals

 

Manage Your Money Your Way

The FDIC Savings Fund is an FDIC-insured savings account option. The funds in your ABLE account invested in the FDIC Savings Fund, along with other deposits you hold at the Bank, will be insured up to $250,000. This option allows you to earn interest generally comparable with a traditional bank savings account.

Customers now have greater flexibility to manage their money their way – by allowing the account holder to select which fund(s) to withdraw money from – making it easy to manage your investments separate from your savings.

 

Connect with Us

We want to hear from you! You can now reach our customer service team via online chat, as well as by telephone.

 

More Ways to Save

Anyone may contribute to an account on behalf of the individual with a disability, including family and friends and other community support organizations, like a church or civic group.

Now it is easier than ever to contribute to an individual’s ABLE United account with the enhanced ABLE United gifting page. The unique gifting page allows the individual to show a savings goal if desired, and provides for easy sharing through social media and email.

 

We encourage account holders to take advantage of the new, enhanced gifting page to continue to build their savings for a better life experience.

Save in September Giveaway

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Receive a $50 Account Contribution

Enroll in a new ABLE account between now and September 30th to receive a $50 contribution!

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