Contributions
A brighter financial future starts with contributions to your ABLEnow account.
Ways to contribute to your account
ABLEnow offers multiple ways to contribute, so funds can be added in a way that fits your routine and budget. Contributions are made with post-tax dollars and can come from the account owner, family, friends, organizations, or other legal entities.
One-time contributions
Make contributions at any time online from a linked bank account. Moving funds into your ABLEnow account can help preserve resources while maintaining eligibility for certain means-tested benefits.
Recurring contributions
Schedule automatic contributions from a linked bank account at a frequency that fits your needs, including monthly, quarterly, or a custom schedule. Regular contributions are a great way to stay consistent with your goals.
Direct deposit
Direct deposit makes saving automatic. Paychecks and Social Security Administration (SSA) benefit payments can be sent straight to your ABLEnow account, helping you build savings consistently.
Check
Although online contributions are processed more quickly, contributions may be made by mailing a check. When mailing a check, include the ABLEnow account owner’s name and account number with the Additional Contribution Form or a Ugift® coupon.
Gifting
Family and friends can contribute directly to an ABLEnow account using Ugift®. Account owners receive a unique code to share, allowing gift givers to contribute online or mail a check with a personalized coupon.
Rollovers
Funds may be rolled over from another ABLE program or a 529 education savings plan without taxes or penalties. Because only one ABLE account is allowed per eligible individual, the original ABLE account must be closed after the rollover to ABLEnow.
Tax refunds
State and federal tax refunds can be contributed to your ABLEnow account, offering another way to boost savings. Virginia taxpayers can use Schedule VAC from the Virginia Department of Taxation to direct all or part of a Virginia income tax refund to an ABLEnow account.
Take control of your savings
Making contributions online is the simplest way to build your ABLEnow account.
Log In NowContribution limits
Federal law sets the maximum amount that can be contributed to an ABLE account each year. For 2026, the standard annual ABLE contribution limit is $20,000. The Internal Revenue Service (IRS) may adjust this amount in future years.
Working account owners who do not participate in an employer-sponsored retirement plan may be eligible to contribute above the standard annual limit through the ABLE to Work provision. The additional contribution is limited to the lesser of the prior year’s federal poverty guideline for a one-person household ($15,650 in 2025 for the 48 contiguous states and the District of Columbia) or the account owner’s compensation for the taxable year. In 2026, eligible working individuals could contribute up to $35,650 in total ($20,000 standard contribution limit plus the maximum ABLE to Work contribution).
Most ABLEnow account owners maintain balances under $100,000, which generally preserves eligibility for Supplemental Security Income (SSI) benefits. It’s important to note that the cumulative ABLEnow account value is capped at $675,000.
Saver’s credit
Contributing to an ABLEnow account offers many advantages, including the opportunity to qualify for a federal tax credit.
Some ABLEnow account owners may qualify for the Saver’s Credit, an annual federal tax benefit designed to encourage low‑ and moderate‑income Americans to save for the future. In 2026, the Saver’s Credit can be applied to up to $2,100 in ABLEnow contributions. Because eligibility depends on individual circumstances, a tax professional or trusted tax preparation resources can help determine eligibility.
Contributions FAQs
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Online contributions are processed more quickly, but you may also contribute by mailing a check.
Checks should be accompanied by a form for accurate processing. You can generate a prefilled form and mailing instructions through your online account (Overview > Make a Contribution > Mail a Check).
You may also mail a check with an Additional Contribution Form or a Ugift® coupon. Be sure to include the ABLEnow Account Owner’s name and account number with your payment.
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You can set up recurring contributions through your online account (Overview > Manage Recurring Contributions) or by using the Account Financial Features Form
Enter the details for your recurring contribution and choose a schedule that fits your needs, such as monthly, quarterly or a custom frequency. Select the bank account you would like to use or add a new bank account. Review your information and submit your request. Recurring contributions, also called an Automatic Investment Plan, are invested based on the allocation on file at the time each contribution is received.
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Make contributions at any time online from a linked bank account (Overview > Make a Contribution). Enter the details for your one-time contribution, then select the bank account you would like to use or add a new bank account. Review your information and submit your request.
One-time contributions are invested based on the allocation on file at the time the contribution is received.
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A bank transfer, sometimes called an electronic funds transfer, moves money between two accounts. Most banks send these payments through Automated Clearing House (ACH), a U.S. financial network that transfers money electronically without using paper checks, credit card networks, wire transfers, or cash.
Bank transfers are typically free and may take several business days to process.
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Federal law sets the maximum amount that can be contributed to an ABLE account each year. For 2026, the standard annual ABLE contribution limit is $20,000. The Internal Revenue Service (IRS) may adjust this amount in future years.
Working Account Owners who do not participate in an employer-sponsored retirement plan may be eligible to contribute above the annual ABLE contribution limit through the ABLE to Work provision. The additional contribution is limited to the lesser of the prior year’s federal poverty guideline for a one-person household ($15,650 in 2025 for the 48 contiguous states and the District of Columbia) or the Account Owner’s compensation for the taxable year. In 2026, eligible working individuals could contribute up to $35,650 in total ($20,000 standard contribution limit plus the maximum ABLE to Work contribution).
Most ABLEnow Account Owners maintain balances under $100,000, which generally preserves eligibility for Supplemental Security Income (SSI) benefits. It’s important to note that the cumulative ABLEnow account value limit is $675,000.
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Anyone can contribute to an ABLEnow account, including the Account Owner, family, friends, organizations, or other legal entities.
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Money added to an ABLEnow account is called a contribution. There are several ways to contribute to your ABLEnow account:
- One-time contribution from a linked bank account
- Recurring contribution from a linked bank account
- Direct deposit
- Check mailed with the Additional Contribution Form
- Gift contribution
- Rollover from another ABLE account or a 529 education savings account
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