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ABLE to Work


Thanks to the ABLE to Work Act, working ABLE account owners who do not participate in an employer-sponsored retirement plan may contribute above the annual ABLE contribution limit ($16,000 in 2022).

How Much More?

The additional ABLE to Work contribution is up to the lesser of:

  1. the prior year’s federal poverty line for a one-person household ($12,880* in 2021 for the 48 contiguous states and the District of Columbia), or
  2. the account owner’s compensation for the taxable year.

What does this mean? Eligible working individuals are empowered to save up to a maximum of $28,880 in their ABLEnow account in 2022 (depending upon their income) without impacting certain benefits due to asset limitations. The additional contribution may be made each year through the end of 2025, when the ABLE to Work Act is currently set to expire.

How to Contribute?

Once ABLEnow account owners have hit the standard contribution limit for the year ($16,000 in 2022), additional ABLE to Work contributions may be made by mailing a check along with the completed Working Account Owner Contribution Form.

If you don’t have an ABLEnow account, enroll online today.

Contact Customer Service team with questions.

*Account owners who live in Hawaii or Alaska can find the prior year’s federal poverty line for a one-person household on the U.S. Department of Health and Human Services website.

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