About Paving the way to financial peace of mind What’s the ABLE Act? After the Stephen Beck Jr. Achieving a Better Life Experience (ABLE) Act was passed by Congress in December of 2014, people with eligible disabilities could finally save for their everyday needs, invest in a tax-free account,...
Accessibility Statement Accessibility is at the heart of everything we do We put people above everything. Our work is meant to help everyone access, navigate, interact, and understand the options and opportunities offered to them. That’s why our site and resources are designed with the best...
Am I able to pause my card temporarily?
The ABLE Visa Prepaid Card can be paused temporarily or closed at any time. Simply log in to your card administrator dashboard at able-for-all.truelinkfinancial.com and click the “Account” tab. Then select the green “Temporarily disable” or “Permanently close card” button. Alternatively, you can...
Am I eligible for an ABLE account?
If you developed a disability or blindness before the age of 26 and are eligible for Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) benefits, or have a signed Diagnosis Form from a licensed physician, you can open an ABLE account.
Are contributions considered to be an asset?
The money in the account generally isn’t considered to be an asset for state and federal benefit purposes. For Supplemental Security Income (SSI) benefits only, you can have up to $100,000 in the account before the funds start to count against the $2,000 limit.
Are gift-givers charged a fee when they contribute through my page?
It depends on the method of payment you choose: Debit card fees are 2.59% of the contribution + $0.49¢. There is no fee for bank account (ACH) gift contributions. Using the paper Gift Form to contribute by mailing in a paper check is also fee-free.
Are there any fees associated with the card?
There are no transaction fees with the ABLE Visa® Prepaid Card. You’re only charged a $1.25 monthly fee once you’ve activated your card.* Please note that the monthly fee is charged every month, regardless of how often you use — or don’t use — the card. *Other fees, terms, and conditions apply....
Are there restrictions to open an account?
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.
Authorized Legal Representative
Authorized Legal Representative Help the ones you love reach their dreams Bound by law and love An Authorized Legal Representative (ALR) can open an ABLE account for an eligible beneficiary. An ALR is anyone who is selected by the eligible beneficiary with legal capacity, anyone who has Power of...
Benefits Make the most of the benefits you deserve Your benefits are here to stay When you open an account, you won’t lose your state or federal benefits. An ABLE account is meant to help supplement your current benefits with a way to save for eligible expenses. If you’re receiving Supplemental...