FAQs
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- Benefits
- Contributions
- Eligibility
- General
- Gifting
- How it Works
- Linking Bank Accounts
- Opening an Account
- Prepaid Card
- Qualified Expenses
- Successors and Estates
- Tax Benefits
- Can I roll over a 529 College Savings Plan into my ABLE account?
- Yes, in 2018, Congress passed the ABLE Financial Planning Act, which allows you to roll over money from a 529 College Savings account into a beneficiary's (or family member's*) ABLE account without being penalized. There is an $18,000 rollover limit (less the current tax-year ABLE... Read more
- How do I make a gift contribution online?
- To contribute online, first make sure the recipient has set up their gifting page. Then, use their gifting page link to fill out the fields as directed — it's just the usual stuff, like your name, address, the amount you want to contribute, the payment method you would like to use, and the occasion... Read more
- How will I know if I've received gifts?
- When a gift contribution has finished processing, you'll get an email letting you know someone contributed to your account. All processed gift contributions will also appear in your activity feed. Please keep in mind, any gift contributions made through an online gifting page will not be available... Read more
- What happens if I no longer want to have an online gifting page for my account
- No problem. You can delete it anytime you want, and the contributions that have previously been gifted (including pending contributions) will stay in the account. Just sign in to your account, go to the Overview tab, and click on the gifting module. Select “Edit this page” and then click “Delete... Read more
- Who can send me gifts?
- Once you've set up your gifting page, anyone who has a link to it can contribute towards your goal. You can also give friends and family a Gift Form if they'd like to mail a check contribution. Keep in mind that gift contributions count toward your yearly contribution limit. So, if you've already... Read more
- How do I set up my gifting page?
- To create a gifting page: Sign in: Click the gifting link on your account overview page. Choose what people see: Select whether or not you want to share the progress you've made toward your gifting limit. Review and Publish: Get a preview of what it will look like when someone visits your... Read more
- What happens if the beneficiary is no longer eligible for an account?
- If a beneficiary no longer meets eligibility requirements, they no longer qualify for an ABLE account and they (or their account manager) should sign into their account's settings and update their eligibility. Their account will remain open and they can continue to use the account until the end of... Read more
- Can I open a new ABLE for ALL Savings Plan account if my previous ABLE for ALL Savings Plan account was closed?
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Yes, log into your closed account using your email and password, then find the “Create new account” link to get started.
- Who can open an ABLE account for an eligible beneficiary?
- An adult beneficiary with a qualifying disability can open and manage an ABLE account. If a beneficiary is under the age of 18 or unable to open an account on their own, they must have an Authorized Legal Representative (also known as an ALR) do it for them. An ALR must be anyone who is selected by... Read more
