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
- Are there restrictions to open an account?
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Your current age doesn’t matter if the disability or blindness developed before you were 26 years old. There’s legislation proposed to raise the age, but for now you can’t open an account if your disability or blindness occurred after age 26.
- Is there a minimum to open an account?
- You have to add at least $25 to get the account started. After that, you can ad as little as $10 at any time. Money can be added to the cash option and/or invested. If you decide to make an investment, at least 10% of your total funds need to be invested in one of three investment options: ABLE... Read more
- What do I need to open an account?
- Make sure you have this information handy: Your email; Your birthday; Social Security Number or Tax Identification Number; Contact details; and Proof of eligibility. If you’re an Authorized Legal Representative, you’ll need the same information as the beneficiary’s, plus your work status. If... Read more
- How do I open an account?
- Once you’ve gone through all the eligibility requirements, it only takes 10 minutes to open an account online. You (or your Authorized Legal Representative) will need to have some basic information handy. Once you’ve been verified, you’ll set up the account details by: Creating a... Read more
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