How the Plan Works for You
ABLE United makes it easy to save, invest, and spend—on your terms.
Whether you're planning for tomorrow or covering needs today, your account helps you grow savings, keep your benefits, and stay in control.
Tax-Free Growth
Earnings grow tax-free when used for qualified expenses.
Benefit Protection
Keep SSI, Medicaid, and other benefits.
Total Flexibility
Save, spend, and manage your money the way you want.
Grow Your Savings Over Time
Your ABLE United account can do more than simply protect your savings—it can help them grow, with investment earnings that remain tax-free when used for qualified expenses. And because you can choose how your funds are managed, you can pick the approach that fits your needs best, such as:
FDIC-Insured Savings Option
Similar to a traditional bank savings account, an FDIC (Federal Deposit Insurance Corporation) savings fund is protected by the federal government up to $250,000. These funds are not invested in the bond or stock market.
Investment Funds & Portfolios
Choose from seven professionally managed options based on your comfort level—from conservative to growth-focused. Whether you're looking for stability or long-term growth, there's a fund or portfolio for you.
Want to see how your savings could add up?
Manage Your Plan with Ease
The best part? Your account goes where you go.
With convenient online and mobile access, you can:
- Save up to $20,000 per year
- Check your balance
- Make contributions
- Transfer or withdraw funds
- Set savings goals
- Automate deposits
Accessing and Using Your Funds
Use your money when and how you need it:
Pay for housing, groceries, transportation, medical costs, and more
Withdraw via reloadable ABLE Visa® Prepaid Card, transfer to your bank account, or request a check
No penalties when used for qualified expenses
The constraints of living with a disability, and receiving any kind of public benefits, really hampers an individual’s ability to live a normal life. I would not have been able to manage those unexpected expenses if it weren’t for my ABLE account.
Spencer
ABLE United Member since 2018
Need Help or Want to Learn More?
We're here for you.
