West Virginia Launches ABLE Program

February 9, 2018

The ABLE National Resource Center, managed by National Disability Institute (NDI), is excited to congratulate the State of West Virginia on becoming the 31st state to launch an ABLE program. The West Virginia ABLE program, named WVABLE, will be administered through a partnership with Ohio STABLE Accounts, which are backed by Intuition ABLE Solutions, LLC, and will be managed by Vanguard Group, Inc. and Fifth Third Bank. West Virginia STABLE Accounts will only be available to eligible West Virginia residents with disabilities.

WVABLE allows qualified individuals with disabilities to save up to $15,000 a year in an ABLE account without jeopardizing their eligibility for federally-funded means tested benefits, such as Supplemental Security Income (SSI) 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 financial 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 ABLE programs nationwide, 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.

Like other ABLE programs across the country, the West Virginia ABLE program focuses its efforts to ensure minimal costs associated with establishing and maintaining an ABLE account (which can be completed online). The West Virginia ABLE program has an annual account fee of $30, charged on a monthly basis. Fees associated with investment options range from 0.19% - 0.34%.

In addition to West Virginia ABLE, there are 30 other states and DC, that have launched ABLE programs: Alabama, Alaska, Colorado, District of Columbia, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New York, New Hampshire, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, Tennessee, Vermont, and Virginia. Most of these ABLE programs are open for enrollment by eligible individuals nationwide. Please see for details about these programs.

For more information on the West Virginia ABLE program and how to enroll, please visit