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Three Things to Know Before Opening an ABLEnow Account


Learn how to open an ABLE savings account and start to save for qualified expenses today. Opening an account for yourself or a loved one is easier than you might expect and can take only a few minutes. The application is entirely online and is available to eligible U.S. citizens. Enrollment can be completed online anytime from the comfort of your home.

For someone who has never saved in an online account and is looking for financial independence, opening an ABLE savings account may seem daunting. Opening an account and saving with ABLEnow offers financial security and a better quality of life for those planning for their future.

Opening an ABLE account is an important step in self-determination and financial independence for many customers. Learn if you are eligible to benefit from the Achieving a Better Life Experience (ABLE) Act.

To feel prepared, take a moment to review these three things to know before completing your application for your new ABLE account.

  1. Who is eligible for an ABLE account? Individuals in all 50 states who developed disabilities before age 26 may be eligible to open an ABLEnow account for qualified expenses.To open an ABLEnow account, the ABLE Act requires that you or your loved one has qualifying disabilities.

    Explore the eligibility FAQs or take the eligibility quiz to see if you or someone you know qualifies for an ABLE account. As a Virginia-sponsored savings program, ABLEnow offers advantages for in-state members. Not a Virginia resident? Check out our site to learn about ABLE accounts by state. You can learn more about national enrollment and the advantages of opening an ABLE account today.
  2. What information do you need? ABLEnow is committed to protecting your personal and financial information with industry-leading technology to verify your identity before opening an ABLEnow account.

    If you’re opening an account with ABLEnow for yourself, you will need to provide your name, address, date of birth, and Social Security number, among other information. Occasionally, applicants may be required to upload additional documentation, such as a government-issued ID or proof of address.

    If you’re opening an ABLE account for someone else as an Authorized Representative, you will need to provide information for both the eligible individual and you. Those opening an account as a Representative Payee, Legal Guardianship, or Power of Attorney will be required to upload the appropriate documentation during enrollment.

    In addition, it’s helpful to have banking information readily available. ABLE account applicants can link a bank account to transfer money to and from their ABLEnow account easily.
  3. How do you start your savings? After completing your application, you will receive a welcome email about accessing your new ABLE account online.

    If you were asked to provide additional identity or legal documentation, you would receive a separate email within three to seven business days approving your documentation or requesting more information. Once your documentation is verified, your ABLEnow account will be active. You are then ready to start saving with ABLEnow.
  4. Looking to manage your account? Before your or your loved one’s ABLE account is active, learn about tax-free investment options. Choosing investment options for your ABLE savings account will help maximize your tax-free savings for your future financial independence. After successfully opening and activating your ABLE savings account, learn how to manage your account anytime, anywhere.

Once you start saving, you can open an ABLEnow Card linked to your account to start using for eligible purchases. Your ABLEnow Card should arrive at the address on record within seven to ten business days of the ABLEnow account being established.

Saving and investing with your ABLE savings account can help you or your loved one become financially independent in the future. Are you seeking additional guidance on managing your new ABLEnow account? Check out these step-by-step directions to learn how to log in, add money, select investment options, and more after activating your account.

Additional information about ABLEnow and your new account is available in the Frequently Asked Questions.

Congratulations on this milestone!

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