Supplement federal benefits
ABLEnow accounts do not generally impact eligibility for federal assistance programs that support millions of Americans with disabilities. This means that you can have an ABLEnow account and maintain your eligibility for benefits including Medicaid, the Supplemental Nutrition Assistance Program (SNAP), Social Security Disability Insurance (SSDI), housing assistance programs, and federal financial aid for higher education.
In addition, ABLEnow account balances below $100,000 do not impact Supplemental Security Income (SSI) benefit payments.
Benefits not required
Although ABLEnow allows eligible individuals to save beyond asset limits, benefits are not a requirement to open an account.
ABLEnow accounts offer advantages that can outweigh other types of saving tools, regardless of whether or not you currently receive public benefits. For many, an ABLEnow account is an essential part of a comprehensive special needs financial plan.