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ABLE Accounts

 

ABLE bank accounts allow people with disabilities to save money without having those savings count against their eligibility for government disability benefits. The ABLE Act is a federal law that lays the groundwork for ABLE accounts but the accounts themselves are run by individual states.

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  • The Arc' Center for Future Planning has developed a video series for people with intellectual and developmental disabilities (IDD) and their families as they plan for the future, including having a financial plan. 

    Video topics include:

    • An Overview of ABLE Accounts
    • An Overview of Special Needs Trusts
    • Special Needs Trusts and ABLE Accounts: How Are They Different?
    • Pooled Special Needs Trusts
    • How Death Affects the Money Left in ABLE Accounts and Special Needs Trusts

    These videos are also available in Spanish. 

  • The Arc's Center for Future Planning has created a series of videos on how people with disabilities can plan to protect their public benefits.

    Check out these informative videos on Special Needs Trusts and ABLE Accounts.

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