Florida Launches ABLE Program

July 1, 2016

The ABLE National Resource Center is excited to congratulate the State of Florida on the launch of its “ABLE United” program. ABLE United is an in-state only program, offering enrollment to qualified individuals with disabilities only to Florida residents.

ABLE United allows qualified individuals with disabilities to save up to $14,000 a year in an ABLE account without jeopardizing their eligibility for federally-funded means tested benefits, such as Social Security and Medicaid. The funds in the account can be used for disability-related expenses that assist the beneficiary in increasing and/or maintaining his or her health, independence or quality of life.

Millions of individuals with disabilities and their families are often relegated to a life of poverty as a result of not being allowed to build even the most modest levels of resources. Individuals receiving supports through Social Security, Medicaid and other publicly-funded programs are often disqualified from those supports if they have more than $2,000 worth of resources or assets. Now, with the launch of nationwide ABLE programs, individuals with disabilities and their families will be able to take a step to better secure their financial futures and to help offset the often significant financial challenges that can accompany living with a disability.

ABLE United focuses on efforts to ensure minimal costs associated with establishing and maintaining an ABLE United account. There is currently no account fee associated with maintaining an ABLE United Account. However, beginning in July 2017, a nonrefundable account fee of up to $2.50 will be assessed monthly against the then-current account balance. Total annual asset-based fees range from 0.035 percent to 0.290 percent, depending on the investment selections held within an account. It is important to note that there is no minimum contribution required to open an ABLE United account and there are no fees associated with withdrawals from the Account if the distributions are made online.

ABLE United, Nebraska Enable Savings Plan, ABLE TN, and the Ohio STABLE Account programs are currently the only programs enrolling eligible individuals with disabilities nationwide, and they are doing so only via their online portals.  However, several other states, including Utah, are expected to launch their ABLE account programs in the near future.

For more information on ABLE United and how to enroll, please visit


For more information related to ABLE programs and accounts in general, and for the latest news regarding other state programs, please visit the ABLE National Resource Center at