CalABLE equips you to save for the future without affecting eligibility for public benefits
Since inception, CalABLE is changing the way people with disabilities can plan and save for their financial futures.
See how it works
Members of the disability community shouldn’t have to struggle to build financial security because of the risk of losing public benefits and the high cost of expenses. With CalABLE, you can save for needs and dreams, and afford to live your best life.
Save more than $2,000
Accumulate savings up to $100,000 without the risk of losing federal or state benefits
Grow investments
for your future
Earn on investments tax-free when withdrawals are used to pay for qualified expenses
Spend your money anywhere
Pay for qualified expenses directly from your account or with our prepaid debit card
Dream. Plan. Succeed.
CalABLE is helping Californians with disabilities build brighter, more secure futures. Since launching, participants have saved and invested more than $200 million—real progress that is empowering individuals and families to plan ahead, protect their benefits, and improve their quality of life.
As California State Treasurer, I am proud of CalABLE’s success and even more committed to expanding its reach. Thanks to recent legislation, eligibility has grown significantly—raising the age of disability onset from before 26 to before 46. This important change opens the door for hundreds of thousands more Californians to take advantage of this powerful savings tool.
CalABLE is also continuing to evolve to meet account holders where they are. New features make saving simpler and more accessible than ever, including a mobile app for managing accounts on the go, support in 20 languages so participants can save in the language they know best, and authorized account access that allows trusted family members or financial professionals to help manage savings with confidence.
If you or a loved one has a disability, now is the time to start saving for the future you deserve. Join the growing community of Californians who are using CalABLE to build financial independence and security.
Together, we can ensure every Californian has the opportunity to dream, plan, and succeed.
In peace and friendship,
Fiona Ma, CPA
California State Treasurer
For Parents, Guardians and Advocates
You can open an account on behalf of a beneficiary if you are an Authorized Legal Representative.
ABLE to Work
Account owners/beneficiaries who are employed can contribute additional amounts above the $20,000 annual limit.
Meet CalABLE Ambassadors
Learn how CalABLE has changed the lives of CalABLE account holders and their families.
Help your clients open a CalABLE account
Entities, such as non-profits, resource agencies, financial advisors, and others may serve as an Authorized Legal Representative (ALR), and open accounts for their clients.
