ABLE accounts are special, tax-advantaged savings accounts available to those with disabilities and their families. An ABLE account helps those who receive government assistance through Supplemental Security Income (SSI), Social Security Disability Insurance (SSDI), Supplemental Nutrition Assistance Program ...
Individuals are eligible for an Attainable®account if they are already receiving benefits under Supplemental Security Income (SSI) and/or Social Security Disability Insurance (SSDI). If not, they may still be eligible if they certify that they are blind or disabled and have a written diagnosis...
To qualify for a 529 ABLE account, individuals must have been diagnosed with a significant disability before they turned 26 years old, with a condition expected to last at least 12 consecutive months. The individual must also be receiving benefits under SSI and/or SSDI, or be able to obtain...
Child eligibilityMust already be receiving benefits under Supplemental Security Income (SSI) and/or Social Security Disability Insurance (SSDI). If not, to be eligible, they must be certified blind or disabled by a licensed physician. In all cases, the disability must have begun prior to age 26...
(That may be yourself, or someone for whom you have legal guardianship.) If the beneficiary is already entitled to receive SSI or Social Security Disability Insurance (SSDI) because of their disability, that’s the only proof of disability you need for an ABLE account. If the intended ...