FAQs
Answers at your fingertips
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- About ABLE
- Account Management
- Additional Tax Benefits and Penalties
- ALR
- Banking and Investments
- Contributions and Withdrawals
- Eligibility
- Getting Started with ABLE
- Gifting
- Prepaid Card
- Recurring Contributions
- Rollover
- Successors and Estates
- Tax Credit
- How does the ABLE Prepaid Card fee get paid?
- Fees for your ABLE Visa® Prepaid Card are deducted from the card’s available balance and not your ABLE account. If the card balance is insufficient to cover the monthly fee, the True Link system will charge the fee at the regular time and True Link will recoup the fee when the next deposit is made... Read more
- Can I connect more than one bank account or type of account?
- Yes, you can connect more than one bank account and multiple types of bank accounts. While both checking and savings account types can be linked to your ABLE for ALL account at the same time, please note, the set-up process requires individually connecting each account. The Authorized Legal... Read more
- What is an Authorized Legal Representative?
- An Authorized Legal Representative (ALR) is legally authorized under state and federal law to make decisions for the ABLE beneficiary. An ALR is whoever has been selected by the eligible beneficiary with legal capacity OR has Power of Attorney, is a conservator or legal guardian, spouse, parent,... Read more
