Who is eligible?
Who can have an account?
ABLE accounts are a life-changing tool for millions of people of all ages. Adults who developed a disability later in life, veterans and guardians planning future financial stability for adult children with disabilities can take advantage of these accounts.
To be eligible for an ABLE account, the beneficiary must:
Have a disability or qualifying medical condition that began before age 46
Have a U.S. permanent address that is not a Post Office Box
Have a social security number or a tax identification number
Confirm one of the following:
Is eligible for Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) because of a disability
Have a condition that:
Is expected to last 12 months or longer or result in death, and
Causes a marked and severe functional limitation, and
Has been diagnosed by a licensed doctor; or
Have a condition listed on the Social Security Administration’s "Listing of Impairments" or the “List of Compassionate Allowances Conditions”
How to open an account?
If you are the beneficiary and are over the age of 18 and can manage your own account, go ahead, and get started.
If you’re the Authorized Legal Representative (ALR) of an individual with a qualifying disability, you can open an account if you can attest that you have been selected by the eligible beneficiary with legal capacity, have a fully and properly executed Power of Attorney, are a court-appointed conservator or legal guardian, are a spouse, parent, sibling, or grandparent, or are a representative payee (individual or organization), in that order of priority.
