Achieving a Better Life Experience accounts

GPTKB entity

Statements (26)
Predicate Object
gptkbp:instanceOf gptkb:bank
gptkbp:abbreviation gptkb:ABLE_accounts
gptkbp:administeredBy state governments
gptkbp:ageOfOnsetRequirement disability must have begun before age 26
gptkbp:annualContributionLimit $17,000 (as of 2023)
gptkbp:benefit individuals with disabilities
gptkbp:country gptkb:United_States
gptkbp:createdBy ABLE Act of 2014
gptkbp:effectOnMedicaid do not affect Medicaid eligibility
gptkbp:effectOnSSI balances up to $100,000 do not affect Supplemental Security Income eligibility
gptkbp:eligibility gptkb:transportation
gptkb:assistive_technology
education
health care
housing
financial management
employment training
legal fees
https://www.w3.org/2000/01/rdf-schema#label Achieving a Better Life Experience accounts
gptkbp:openToPublic U.S. citizens and legal residents
gptkbp:purpose help individuals with disabilities save money
gptkbp:taxAdvantaged yes
gptkbp:totalAccountLimit varies by state, typically $100,000 to $529,000
gptkbp:website https://www.ablenrc.org/
gptkbp:bfsParent gptkb:ABLE_accounts
gptkbp:bfsLayer 7