Able Accounts

An ABLE account is a tax-advantaged savings account designed for people with disabilities that started before age 26. Unlike regular savings accounts, money in an ABLE account grows without being taxed, and having one doesn't automatically reduce other benefits you may receive. If you're disabled or caring for someone who is, you may have landed here wondering whether an ABLE account makes sense for your situation and how one actually works.

The articles here explain what ABLE accounts can and can't do, how much you can save in one, what happens to your other benefits when you open an account, and how to find and set one up. You'll learn the real limits and rules so you can decide whether this tool fits your financial picture.