The Achieving a Better Life Experience (ABLE) Act is landmark legislation that creates the opportunity for millions of individuals with disabilities to save and invest for the future without jeopardizing their essential benefits. Through education and awareness, Able Angel helps people understand and take advantage of this opportunity for financial independence.
ABLE accounts allow people with disabilities (occurring prior to their 46th birthday in 2026) to save money that is not counted towards asset limitations set by means-tested benefit programs such as Medicaid or SSI.
Anyone can contribute to an ABLE account – including the account owner, friends, family, organizations, nonprofits, and employers – up to $19,000 per year as of 2025. ($20,000 in 2026).
If the account owner is working and not already contributing to a workplace retirement plan, they can contribute an additional amount equal to their current year's gross income - for 2025 the amount is up to a maximum of $34,060 for the 48 contiguous States and District of Columbia; $36,310 for Hawaii; and $37,810 for Alaska.
There are lifetime balance limits for the various state ABLE Programs, which range from around $300k to over $500k.
U.S. territories, Puerto Rico, Guam, U.S. Virgin Islands, American Samoa, and the Northern Mariana Islands are considered part of the United States for federal purposes, including eligibility for ABLE accounts.