FAQs

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Where can I find my account number?
You can find all the information about an ABLE account on the Overview page. The account number is at the top of that page. The rest of the information about the beneficiary’s account — including contact info, condition, customization, money allocation, and yearly goal — can be viewed and edited... Read more
Can a Social Security Representative Payee open an account for a beneficiary?
If you’re an eligible beneficiary with a Representative Payee, you can open an account for yourself. To have a Representative Payee open an account for you, they must meet the requirements of an Authorized Legal Representative (anyone who is selected by the eligible beneficiary with legal capacity,... Read more
How do I change my address?
If you’re the beneficiary of an account, or an Authorized Legal Representative (ALR), you can update your address directly from your profiles, accessible through the dashboard. As an ALR, you can manage a beneficiary’s address (where all statements and communications are sent if you select to... Read more
What is Sumday?
Vestwell State Savings, LLC, dba Sumday Administration, is the plan manager for the ABLE for ALL Savings Plan — which powers the Hawai’i ABLE program — and provides the online platform for the ABLE account. Sumday, a Vestwell Holdings, Inc. company, is affiliated with some of the world’s largest... Read more
Do I have to pay taxes on my account?
As long as the money in your ABLE account is used for eligible expenses, it won’t be counted as income for your state or federal taxes. If a purchase doesn’t qualify as an eligible expense, you’ll have to pay taxes and a 10% penalty on the amount. If you want to know more about the IRS regulations,... Read more
How is this different from a Special Needs Trust or Pooled Trust?
An ABLE account won’t replace a Special Needs Trust or Pooled Trust. There are some key differences that are meant to give people with disabilities and their families more options. With an ABLE account: There are fewer expenses than setting up a trust. The beneficiary owns the funds and can... Read more
What happens to my state and federal benefits?

Your ABLE account grows up to $100,000 without affecting your Supplemental Security Income (SSI) benefits. Other federal benefits are not affected, regardless of the balance in the ABLE account.

Can I still work and have an account?
Yes. With the ABLE to Work Act you can even contribute up to an extra $12,880 (as of 2022) to your ABLE account if you are working, in addition to the yearly contribution limit of $16,000. Keep in mind that ABLE accounts help protect assets from counting against benefit asset limits. They do not... Read more