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 do I make gift contributions?
- It's easy to make contributions to someone else's ABLE for All account. You can make online gift contributions for as little as $5 to as much as $19,000 through a beneficiary’s personal gifting page. Simply ask the recipient to send you their unique gifting URL. Or, you can make offline... Read more
- Are there any fees associated with gifting to a ABLE for All account?
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There is no fee for bank account (ACH) gift contributions and for contributions made via personal check using our offline Gift Contribution Form (PDF).
- How can I request gift contributions to my account?
- Requesting gift contributions from family and friends is a great way to help you reach your savings goals and it couldn’t be easier. Just sign into your account to find your gifting page information and share your unique gifting URL. You’ll be able to customize your page and select where you would... Read more
- How do gifting limits work?
- Gift contributions count towards your standard contribution limit for the year. Friends and family will be prevented from making gift contributions that go beyond the gifting limit you set, but gift contributions could also be capped by contributions you make. For example, if your gifting limit is... Read more
- How will my gift contribution be invested?
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Any gift contribution to an ABLE for All account is invested based on the preferences and choices of the account owner.
- How do I make a gift contribution through the mail?
- You can make an offline contribution in just a few steps: Download this gifting form (PDF) and fill it out. Print the completed form and put it in an envelope with a check made payable to ABLE for ALL Savings Plan. Mail the form and check to: ABLE for ALL Savings Plan P.O. Box... Read more
- What happens when someone sends a gift to my account?
- When a gift contribution is finished processing, you’ll receive an email letting you know that someone has contributed to your account. You’ll also be able to see the gift contribution in your online activity feed if you sign into your account. For security purposes, any gift contributions that are... Read more
- Is there a minimum amount for gifting?
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Yes. Gift contributions can be made online for as little as $5 or as much as $19,000. Every penny counts!
- What is a gifting profile?
- We’ve streamlined our gifting process. When making a contribution to someone’s ABLE for ALL gifting page, family and friends can now create a gifting profile to save their contact and banking information via a convenient personal dashboard. The personal gifting profile offers easy access to set up... Read more
- Can I make regular repeat contributions?
- Anyone who contributes to someone’s ABLE for ALL gifting page can set up recurring contributions—for birthdays, holidays, or just because—and save their information in a convenient gifting profile to streamline future gifting. How to set up recurring gifts: Create a gifting profile while... Read more
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