FAQs
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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
- What is the ABLE Visa® Prepaid Card?
- Simply put, with the ABLE Visa® Prepaid Card you can load a prepaid card with money from your account and use it for eligible expenses whenever and wherever you want — either online or in-store. With the prepaid card you can: Make purchases everywhere Visa is accepted Add funds from your ABLE... Read more
- Is there an extra fee for the ABLE Prepaid Card?
- Yes. We know our ABLE savers use their accounts differently from one another. Some are using their accounts to pay for their everyday living expenses. Others are saving up for larger purchases, like a down payment on a home, that will take years of saving to achieve. The ABLE Visa® Prepaid Card fee... Read more
- How often can I load the ABLE Prepaid Card?
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There is no limit on the number of times you can reload your ABLE Visa® Prepaid Card; however, withdrawals from an ABLE for ALL account to any Prepaid Cards may not exceed $5,000 per day and $20,000 per month.
- What can I purchase with ABLE Prepaid Card funds?
- You can use your ABLE Visa® Prepaid Card anywhere Visa is accepted, including for online bill-pay. Your card can be used for anything; however, if you use the card to pay for something that is not a qualified expense, there may be penalties on the earnings. Also, keep in mind that in addition to... Read more
- How can I challenge a transaction on my ABLE Prepaid Card?
- In case of errors or questions about your card account, please contact True Link as soon as possible at 1-888-219-9054. Alternatively, you can write True Link Financial, Inc., at PO Box 581, San Francisco, CA 94104. True Link must allow you to report the potential error for up to 120 days after the... Read more
- 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
