Dream. Plan. Succeed.

Tax-free treatment on earnings to pay for qualified disability-related expenses.

Portrait of Fiona Ma, California State Treasurer. A woman wearing a blue business suit.
Fiona Ma, CPA
California State Treasurer

Hello. CalABLE equips you to save for the future while protecting eligibility for public benefits.

The risk of losing public benefits coupled with the high cost of support expenses has, in the past, limited members of the disability community from building financial security. But with a CalABLE account, your investment earnings are tax-free when withdrawals are used to pay for disability-related expenses.

As State Treasurer, I am devoted to ensuring California’s most worthy and vulnerable citizens have the same opportunity to achieve financial stability as those without disabilities. With over 9,000 accounts and nearly $90 million in assets as of 12/31/22, CalABLE is already changing the way people with disabilities plan and save for their financial futures.

Beginning in 2026, newly passed legislation raises the eligibility age from the onset of disability before age 26 to age 46. CalABLE and the Legislative Affairs team are already hard at work to ensure that federal and state law are aligned by the time this change goes into effect.

My team and I are dedicated to ensuring every California citizen has equal opportunity to dream, plan, and succeed. Through CalABLE, we are achieving that vision.

In peace and friendship,

Fiona Ma, CPA
California State Treasurer


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Open an Account

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Who Is Eligible?

Individuals with a disability that occurred before age 26 are eligible to open a CalABLE account. If you meet this age of onset requirement, and receive benefits under SSI (Supplemental Security Income) and/or SSDI (Social Security Disability Insurance), you are automatically eligible to open a CalABLE account.

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who is eligible

Plan Benefits

Earnings in your CalABLE account are 100% federal and California state tax-free. Withdrawals to pay for disability-related expenses are also federal and California state tax-free.

The assets in your CalABLE account, up to $100,000, will not affect your ability to receive state and federal benefits such as SSI (Supplemental Security Income) and Medicaid.

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plan benefits

Qualified Expenses

Funds in a CalABLE account can be used for many different disability-related expenses, ranging from education, employment support, housing, transportation, assistive technology and healthcare.

A CalABLE account lets you save for emergency funds that can keep you independent and productive.

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eligible expenses

Welcome to your Financial Fitness Center!

Navigating finances can sometimes feel intimidating, but CalABLE has engaged EVERFI to help.

We hope that these tools can help strengthen your understanding in topics such as financial resilience, owning a home, and saving for retirement.


You're leaving CalABLE.ca.gov to go to the EVERFI website.