deposit up to $14,000 a year in an ABLE larger than $14K Yearly account. (The limit goes up to $15,000 in $100,000 Cap $100,000 over the 2018). Account holders choose from a variety years will cause Individuals, their of investments, and can withdraw money SSI benefits to be Accounts families and throughout the year for qualified expenses. suspended. that grow friends can Health/Wellness Housing Financial Education Transportation Job Training Assistive Funeral and /Prevention Management and Support Technology Burial Expenses Proof of Eligibility includes: OR Receiving SSI OR Meeting SSA’s definition of eligiblity Receiving SSDI For more information about the Achieving A Better Life Experience Act and links to the state ABLE programs listed above, go to the ABLE National Resource Center: 4
$14K Yearly Individuals, their families and friends can deposit up to $14,000 a year in an ABLE account. (The limit goes up to $15,000 in 2018). Account holders choose from a variety of investments, and can withdraw money throughout the year for qualified expenses. $100,000 Cap Accounts that grow larger than $100,000 over the years will cause SSI benefits to be suspended. Health/Wellness Housing Financial Education Transportation Job Training Assistive Funeral and /Prevention Management and Support Technology Burial Expenses Proof of Eligibility includes: Receiving SSI OR Receiving SSDI OR Meeting SSA’s definition of eligiblity For more information about the Achieving A Better Life Experience Act and links to the state ABLE programs listed above, go to the ABLE National Resource Center: 4