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
- Are there tax credits I may qualify for?
- Yes. The IRS offers several tax credits that can provide meaningful savings for families, reducing the amount filers owe on their taxes, and in some cases, leading to an increased tax refund. Many qualified taxpayers overlook the Earned Income Tax Credit (EITC), a federal refundable credit for... Read more
- Are investments in my Hawai'i ABLE account guaranteed not to lose money or are they insured?
- No. As with any investment, there is some risk involved. While Hawai'i ABLE Savings Plan accounts provide investment options to match a variety of risk tolerances, there is no guarantee that your portfolio will generate earnings. Before opening an account, you should carefully read and understand... Read more
