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Yes Yes 25 Yes 5 Yes $35 per year. No Yes $5.00/month Yes 0 $35 per year. $2.50 per check NA

Legislative Summary HB 188

0 No fee for electronic statements. $10 annually for mailed paper statements. $0 $0

From the very beginning, Alabama ABLE was designed to be a self-empowerment tool for people with disabilities. We always presume competence while making sure you have access to any supports you need. Our program was created with the support of people with disabilities and the organizations that serve them.

Where can I find the ABLE Plan’s investment performance information? https://www.alabamaable.gov/historical-investment-performance

Description of plan’s Recertification of ABLE Eligibility Policy: The account owner or ALR is responsible for letting the plan know if they are no longer eligible for ABLE. We do not require an annual recertification process.

Do you have a policy for opening an account for an account owner who does not have a guardian or conservator for managing spending and investments from the ABLE account? Yes. Where possible, we would like to help the person with the disability open and manage their own ABLE account. If they are not able to or would like someone else to manage the account we allow for people to serve as Authorized Legal Representatives. Please visit this page for more information: https://www.alabamaable.gov/alr-info

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Our ABLE plan allows for the payment of funeral and burial expenses as a qualified disability expense (QED) prior to the remaining assets being transferred to the estate of the beneficiary.

Alaska /state-review/alaska/ Alaska ABLE Program (click to open an account) Phone 1.888.609.8871 https://savewithable.com/ak/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 400,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Please note that following the death of the account owner, the state Medicaid plan may file a claim against the Account Owner or the B16 Account itself for medical assistance paid under the state's Medicaid plan after the establishment of the account. No

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Alaska. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Alaska. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery

HB2388 is the legislation that establishes the Arizona ABLE Act program, AZ ABLE

0 The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Alaska. $0 $0

Alaska is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Alaska savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Alaska ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to an Alaska ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please See Plan Disclosure Documents

Arizona /state-review/arizona/ AZ ABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://az-able.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Arizona. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. Yes

Yes Yes 25 Yes 1 Yes The current account maintenance fee is $27 per year payable at $6.75 per quarter. No Yes $5 per month Yes 0 The current account maintenance fee is $27 per year payable at $6.75 per quarter. $0 $5.00 per month

Arkansas Acheiving A Better Life Experience Act

0 $10 annually (print/mail); $0 electronic There is no fee for rolling over an account, however, based on when the account is terminated, the account owner may be assessed a portion of the maintenance fee. $0

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, Arizona residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a loadable debit card with customizable spending controls and transactional recordkeeping.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? Yes, the STABLE Visa Cards offer different levels of spending control for the STABLE account owner and/or authorized legal representative.

The plan’s investment performance can be found here: https://az-able.com/historical-performance

Do you have a policy for opening an account for an account owner who does not have a guardian or conservator for managing spending and investments from the ABLE account? Yes, during the opening procedure, (online or paper application) this relationship is established via the answer to the hierarchy question included.

Does your plan allow for proper account titling for a representative payee?

If the representative payee is an individual, they set up the account with themselves as the Authorized Legal Representative. If the representative payee is an entity, the account is set up with the entity as the administrator with an agent to act on behalf of the entity.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

Arkansas /state-review/arkansas/ Arkansas ABLE (click to open an account) Phone: (888) 609-8874 https://savewithable.com/ar/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 366,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Arkansas state Medicaid is not permitted to recover certain benefits from an Arkansas ABLE Account, unless required by federal law. Yes

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Arkansas. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Arkansas. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

Assembly Bill 449 (2015) implements the federal ABLE Act in California

Arkansas is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Arkansas savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Arkansas ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to an Arkansas ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information?Please see ABLE Plan Disclosure Documents

California /state-review/california/ CalABLE (click to open an account) Phone: 1.833.225.2253 https://www.calable.ca.gov/ Open for Enrollment Vestwell State Savings, LLC effective August 21, 2023 529,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. BNY Mellon 8 Vanguard, Fidelity, Schwab, BNY Mellon Yes No Yes Contributions made to your account by the Account Owner or Authorized Legal Representative are subject to a 5-day hold. Contributions made by third parties may be subject to a 10-day hold. Additionally, a change in mailing address will result in a 15 day hold before a check withdrawal can be made to the updated address. A change in bank account will result in a 10 day hold before an ACH can be made to that bank account. For ACH withdrawals, you will typically receive the funds within two to five Business Days after CalABLE processes the request. For a check withdrawal request, you will typically receive the check within seven to ten Business Days after CalABLE processes the request. However, those time frames are not guaranteed, and various circumstances may cause your receipt of the funds or the check to be delayed. California law prevents Medi-Cal from seeking reimbursement from the CalABLE accounts of California residents, unless otherwise required by federal law. No

*AB-339 Qualified ABLE Program: age limit (Irwin)*AB-339 Qualified ABLE Program: age limit (Irwin)

Yes Yes 25 Yes 1 Yes $30 per year withdrawn in 4 quarterly installments. No No. There are no restrictions on the number of withdrawals that can be taken. There are no fees with withdrawals taken by check or ACH. Yes $1.50 per month (currently waived) Yes 0 $30 per year withdrawn in 4 quarterly installments. $0 $1.50 per month (currently waived)

0 Accounts holders that elect to receive CalABLE documents by mail will be subject to an annual $10 Print and Paper Mail Delivery Fee $0 There is no charge for withdrawals.

– Entity Enrollments and online Entity Account Management
– Unique gifting solution that allows family and friends to contribution via ACH, Debit Card, and Checks
– Direct Deposit of SSA Benefits or Payroll

Description of plan’s Recertification of ABLE Eligibility Policy: If an account owner is no longer eligible for their CalABLE Account, they simply have to notify the Program of this change.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? Yes, the CalABLE True Link Cards offer different levels of spending on qualified disability expenses for the ABLE account owner and authorized legal representative.

Where can I find the ABLE Plan’s investment performance information? http://calable.ca.gov/historical-performance

Description of plan’s Recertification of ABLE Eligibility Policy. If an account owner is no longer eligible for their CalABLE Account, they simply have to notify the Program of this change.

Does your plan allow for proper account titling for a representative payee?
Yes

• (Beneficiary’s name) by (your name), representative payee.
• (Your name), representative payee for (beneficiary’s name).

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze: When CalABLE is notified of a Beneficiary’s death, CalABLE will request satisfactory proof of death and documentation from the executor or administrator of the Beneficiary’s estate. Upon receipt of such proof of death, CalABLE will suspend all Account activity, except that the executor or administrator of the Beneficiary’s estate will be permitted to take withdrawals from the Account. Please note that the balance of an Account after a Beneficiary’s death may be subject to claims by states under their Medicaid recapture guidelines. An executor or administrator of a Beneficiary’s estate should consult with qualified tax and legal advisors regarding the tax treatment of such withdrawals and the potential for Medicaid/Medi-Cal recapture by Medicaid/Medi-Cal or other states.

Colorado /state-review/colorado/ Colorado ABLE (click to open an account) Phone: 1-888-609-3468 https://www.coloradoable.org/ Open for Enrollment Ascensus 500,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. The checking account option is provided through Fifth Third Bank, NA 6 Vanguard Yes No Yes Contributions made by check, recurring contribution, or EFT to the checking account option will be available for withdrawal after six business days. Contributions to the investment options made check, recurring contribution, or EFT will be available for withdrawal after 5 business days. There will be a hold of 10 business days on withdrawal requests when there is a change of address. Colorado state Medicaid is not permitted to recover from a Colorado ABLE account, unless required by federal law. Yes

HB 1359

Yes Yes 25 Yes 25 Yes The current account maintenance fee is $40 - $60 per year, charged quarterly. If enrolled in electronic delivery of statements a $3.75 discount per quarter and if a CO resident $1.25 discount is offered. Yes Two free withdrawals per month, $1 for each additional withdrawal. Yes The Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. Yes 25 The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements. $2 monthly Charge. The fee is waived if your account has an average daily balance of $250 or if you sign up for electronic delivery of statements. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

Enabling Connecticut Legislation: PA 15-80—sHB 6738

25 $60 annually, $15 quarterly. $25 $2 monthly fee is associated with utilizing the debit card option. However, the fee can be waived with an average daily balance over $250.

We offer Colorado residents $25 for opening new accounts. Also contributions are state deductable if you use the ColoradoABLE plan.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? Yes, the ABLE plan True Link Cards offer different levels of spending on qualified disability expenses for the ABLE account owner and authorized legal representative.

Where can I find the ABLE Plan’s investment performance information? Plan Investment Performance

Description of plan’s Recertification of ABLE Eligibility Policy: On the opening date anniversary each year, the account administrator is asked by our system to recertify the ABLE account: We do not accept deposits or issue disbursements on the account until the recertification is complete. We also offer a paper form to be completed for those without internet access or the inability to use the system.

ATM fee: $2.00 for each transaction outside of network.

Does your plan allow for proper account titling for a representative payee? If the rep payee is an individual, they set the account up with themselves as the administrator and the disabled person as the account owner. If the rep payee is an entity, the account is set up with the entity as the administrator with an agent to act on behalf of the entity and the disabled person as the account owner.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner/disabled person, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding medical or funeral final expenses. If so, payment is made to cover those expenses. If there are funds left above those final expenses, a check is requested payable to the estate of the account owner/disabled person.

Connecticut /state-review/connecticut/ ABLE CT (click to open an account) Phone: 1 (888) 609-3268 http://CT.savewithABLE.com Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 300,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners. A Fifth Third Bank, NA Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery

Delaware Achieving a Better Life Experience Savings Accounts

0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners. 0 0

Connecticut is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Connecticut savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Connecticut ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Connecticut ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please See Plan Disclosure Booklet

ABLE CT site

Delaware /state-review/delaware/ DEPENDABLE (Click to open an account) 1 (888) 609-8914 https://savewithable.com/de/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 350,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Upon death, ABLE funds can be used by the beneficiary’s estate to pay for outstanding qualified expenses, including funeral and burial costs. Remaining funds will be transferred to the estate and may be subject to Medicaid “claw back.” House Bill 145 (2017) prohibits Delaware Medicaid from recouping certain Medicaid funds spent on behalf of a deceased beneficiary. Delaware Medicaid may be obligated under federal law to recoup funds spent on behalf of a deceased beneficiary over the age of 55, or funds expended for certain beneficiaries in nursing or intermediate care facilities or similar institutions Yes

ABLE Plan Disclosure Documents

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Delaware. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Delaware. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

Legislative Summary B21-0252

Delaware is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Delaware savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Delaware ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Delaware ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please See Plan Disclosure Documents

District of Columbia /state-review/district-columbia/ DC ABLE (click to open an account) Phone: 1 (888) 609-3458 https://savewithable.com/dc/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 500,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Please note that following the death of the account owner, the state Medicaid plan may file a claim against the Account Owner or the Account itself for medical assistance paid under the state's Medicaid plan after the establishment of the account. No

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of D.C.. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of DC. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

ABLE Disclosure Plan Documents

DC is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. DC savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The DC ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a DC ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information?

Florida /state-review/florida/ ABLE United (click to open an account) Phone: 1-888-524-2253 https://www.ableunited.com/ Open for Enrollment Vestwell State Savings, LLC 418,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Florida. BNY Mellon 8 BlackRock, Inc., BNY Mellon, The Vanguard Group, Inc., Florida PRIME Yes No Yes Up to 5 days for first party deposits, 20 business days for third party deposits The Florida Medicaid program may not file a claim for Medicaid recovery of funds in an ABLE United Account. Upon the death of a designated Beneficiary, funds in the ABLE Account must first be distributed for Qualified Disability Expenses, then transferred to the estate of the designated Beneficiary. Federal law requires that each state recover Medicaid expenditures from a Medicaid recipient’s estate. Federal law also allows for a state to file a claim for Medicaid expenditures from an ABLE account. If the beneficiary received Medicaid in another state, please check the law of that state. No

Florida Achieving a Better Life Experience (ABLE) Act

. O.C.G.A §§ 30-9-1 through 30-9-16 establish the rules for Georgia STABLE

Yes Yes 25 Yes 5 No No Yes $2.50 per month Yes 0 $0 $0 $2.50 per month 0 If you choose to opt out of electronic statements, there is a $10 per year fee for paper statements. $0 Prepaid debit card has a $2.50 monthly fee that is deducted from the prepaid card balance monthly.

Florida ABLE, Inc. (d/b/a ABLE United) a registered not-for-profit and direct support organization of the Florida Prepaid College Board that administers the ABLE United Program. ABLE United offers a unique gifting page that allows family and friends to contribute online via ACH or debit card. ABLE United is very active in the community and a complete list of events can be found at https://www.ableunited.com/events/.

Where can I find the ABLE Plan’s investment performance information? https://www.ableunited.com/save/investment-performance/

Generally, the Program considers an individual is eligible until otherwise notified. Noted Terms and Conditions found in the Program Description and Participation agreement, www.ableunited.com/pdpa, can be found below:

1.13 “Certification” means a verification made under penalties of perjury by a person authorized to make such a verification.

1.18 “Disability Certification” means the same as that term is defined in Section 529A of the Code. A Disability Certification is made by the Administrator, under penalties of perjury, confirming that the Beneficiary meets the requirements for an Account and must include any additional documentation required by the IRS.

2.04 Eligibility to Allocate or Deposit Contributions to the Account.
(a) The Program considers the Certification that the Beneficiary is an Eligible Individual to be valid until the end of the calendar year in which a change in the Beneficiary’s condition occurred.
(b) The Administrator is responsible for promptly notifying the Program of any changes in the Beneficiary’s condition that would result in the Beneficiary failing to satisfy the definition of Eligible Individual. An Administrator’s notice will be considered prompt if the Program received the notice in the calendar year in which the Beneficiary’s condition changes.

10.04 Termination Due to Misrepresentation or Failure to Promptly Report Changes in the Beneficiary’s Condition.
(a) The Program may involuntarily terminate an Account if a material misrepresentation is made in the Application, Request, communication, or maintenance of the Account by the Beneficiary or Administrator. A material misrepresentation includes, but is not limited to, providing an invalid Taxpayer Identification Number or providing a false Certification that an individual is an Eligible Individual or a Member of the Family of the Beneficiary.

7.06 Penalty Due to Misrepresentation or Failure to Promptly Report Changes in the Beneficiary’s condition. A nonrefundable penalty of up to $250 or 100 percent of the Account Balance, whichever is less, may be assessed if the Account is terminated pursuant to Paragraph 10.04.

Do you have a policy for opening an account for an account owner who does not have a guardian or conservator for managing spending and investments from the ABLE account? Based on the final IRS regulations, there is an expansion on who may open and manage the account on behalf of the Beneficiary. This includes: the Beneficiary of an ABLE account who has legal capacity selecting an Account Administrator to manage their ABLE account, or the Beneficiary’s agent under a power of attorney, conservator or legal guardian, the spouse, a parent, a sibling, a grandparent, or a representative payee (whether an individual or organization) appointed by the Social Security Administration (SSA), in that order.

Does your plan allow for proper account titling for a representative payee? Accounts that have an individual managing it on behalf of an owner, are title as below (John Doe as the Owner and Jane Doe as the Authorized Legal Representative: John Doe Jane DOE ALR.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? In general, accounts are frozen when notified that an owner has passed to prevent additional contributions. Funds may be requested to withdrawn to pay for outstanding QDEs. Upon notification that there are no additional outstanding QDEs, the program will wait for direction form a Personal Representative or court order on how to disseminate the remaining balance including distribution to a successor owner or to their estate.

Georgia /state-review/georgia/ Georgia STABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://www.georgiastable.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Georgia. Bank of New York Mellon 4 Vanguard Yes No Yes Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Yes Yes 25 Yes 1 Yes The current account maintenance fee is $27 per year payable at $6.75 per quarter. No Yes $5.00 per month Yes 0 The current account maintenance fee is $27 per year payable at $6.75 per quarter. $0 $5.00 per month

Hawai’i State Legislature enacted chapter 256B, Hawai’i Revised Statutes, to allow for the establishment of the Hawai’i ABLE Savings Program.

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, Georgia residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information?

The plan’s investment performance can be found here: https://georgiastable.com/historical-performance

Does your plan allow for proper account titling for a representative payee?

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

Hawaii /state-review/hawaii/ Hawaii ABLE Savings Program (click to open an account) Phone number: 1-844-394-2253 http://www.hawaiiablesavings.com/ Open for Enrollment Vestwell 400,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. BNY Mellon 4 Vanguard and DFA Yes No Yes 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Required by Federal Law: Executive Officers (15ILCS 505/) State Treasurer Act

Yes Yes 25 Yes 10 Yes $35 per year. No Yes $1.25 per month. Yes 0 $35 per year. $2.50 per check $1.25 per month 0 No fee for electronic statements. $10 annually for mailed paper statements. $0 $0

From the very beginning, Hawai’i ABLE was designed to be a self-empowerment tool for people with disabilities. We always presume competence while making sure you have access to any supports you need. Our program was created with the support of people with disabilities and the organizations that serve them.

Where can I find the ABLE Plan’s investment performance information? https://www.hawaiiablesavings.com/historical-performance

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

Idaho /state-review/idaho/ Not Active 0 $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Yes

Idaho Statute §56-708

The State Independent Living Council (SILC) provides technical assistance, information and financial literacy training. Technical assistance includes information and assistance relating to the ABLE Act, setting up ABLE accounts in other states and providing information related to financial literacy. The SILC can be reached at (208)-334-3800.

The passage of House Bill 41, signed by Governor Butch Otter on March 20, 2017, provides information for disregarding ABLE accounts when determining an Idaho resident’s eligibility for a state or local assistance program or a needs-based state or local grant, so long as the ABLE account and the activity related to it are disregarded when determining an applicant’s eligibility for a Federal assistance program. This legislation also establishes, subject to appropriation, a function to provide individuals with disabilities, and those assisting them, technical assistance relating to the ABLE Act.

Illinois /state-review/illinois/ Illinois ABLE (click to open an account) Phone: 1 (888) 609-8683 https://savewithable.com/il/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 500,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Federal law gives state Medicaid agencies authority to recover certain benefits from a Medicaid beneficiary’s estate. Check with a benefits specialist about an Account Owner’s specific circumstances. Yes

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

Legislative Summary SB 11

0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. $0 $0

Illinois is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Illinois savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Illinois ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to an Illinois ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please See the Plan Disclosure Documents

Beginning with the 2023/24 school year, IL ABLE information will be shared by Illinois schools with Illinois families at their students’ annual Individualized Education Program (IEP) meetings.

Indiana /state-review/indiana/ INvestABLE Indiana (click to open an account) Phone: 1 (888) 609-3457 https://savewithable.com/in/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 450,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions made by check, recurring contribution, or EFT to the Checking Account Option will be available for withdrawal after six business days. Contributions to the Target Risk Investment Options made by check, recurring contribution, or EFT will be available for withdrawal after 5 business days. There will be a hold of 10 business days on withdrawal requests when there is a change of address. Indiana state Medicaid will not recapture funds from an Indiana ABLE account unless required by federal law. Yes

Legislative Summary SB 184

Legislative Summary HB 1407

Please see the Plan Disclosure Please See ABLE Plan Disclosure Documents

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. Checkbooks containing 40 checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

Iowa Able Savings Plan Trust, Iowa Code 12I

0 The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements. The $2.00 monthly fee for the checking account option will be waived with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. $0 $0

Indiana is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. INvestABLE Account Owners benefit from powerful oversight, high-quality plan features and low-cost, strong-performing investments. Account Owners have access to an exclusive, fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. INvestABLE is available to both in-state and out-of-state residents, and beginning taxable year 2024, a state tax credit of 20% worth up to $500 will be available to any Indiana taxpayer who contributes into an Indiana ABLE account. Anyone can contribute to an INvestABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please See ABLE Plan Disclosure Documents

Iowa /state-review/iowa/ IAble (click to open an account) Phone: 1 (888) 609-8910 https://www.iable.gov/ Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 420,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Iowa state Medicaid is not permitted to recover certain benefits from an IAble account, unless required by federal law. Yes

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 Checkbooks containing 40 checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the account. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. $0 $0

Iowa is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Iowa savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Iowa ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to an Iowa ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information?Please See ABLE Plan Disclosure Documents

Kansas /state-review/kansas/ Kansas ABLE Savings Plan (click to open an account) Phone: 1 (888) 609-8919 https://savewithable.com/ks/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 475,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Upon the death of the Account Owner, Kansas Medicaid will not attach the assets in the account unless required by the federal law. Currently section 1917(b) of the federal social security act, 42 U.S.C. §1396p(b), requires states to recover assets when the account owner was over 55 years of age and used Medicaid for nursing home or in-home nursing care benefits. Kansas Medicaid will not seek to recover Medicaid funds, unless required by federal law. Yes

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Kansas. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Kansas. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

Please See ABLE Plan Disclosure Documents

0 The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Kansas. $0 0

Kansas is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Kansas savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Kansas ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Kansas ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Kentucky /state-review/kentucky/ STABLE Kentucky (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://www.stablekentucky.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. STABLE Kentucky accounts are not subject to 529A claims against the beneficiary of a STABLE Kentucky account for total medical assistance paid after the establishment of an account by the Kentucky Department of Medicaid Services. However, the Kentucky Department of Medicaid may recover payments from the estate of Medicaid beneficiaries as required by Section 1917(b) of the Social Security Act and Kentucky Medicaid estate recovery rules. Those impacted will be the estates of those age 55 or older and who have received Nursing Facility Services, Intermediate Care Facility for Individuals with Intellectual Disabilities, Home and Community Based Services, Supports for Community Living, Michelle P. Waiver, Acquired Brain Injury, Acquired Brain Injury Long Term Care Waiver; or A person who has received Nursing Facility Services or Intermediate Care Facility for Individuals with Intellectual Disabilities for 6 months. No

Kentucky Revised Statutes § 205.200 establishes the rules for STABLE Kentucky

HOUSE BILL NO. 598 ACT NO. 411
HOUSE BILL NO. 833 ACT NO. 93

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, Kentucky residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll and Social Security Administration Direct Deposit, personalized gifting page, and a loadable debit card with customizable spending controls and transactional recordkeeping.

The plan’s investment performance can be found here: https://stablekentucky.com/historical-performance

Does your plan allow for proper account titling for a representative payee?

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

Louisiana /state-review/louisiana/ Louisiana ABLE Account Program (click to open an account) Phone: 1-800-259-5626 Ext #2 https://www.able.osfa.la.gov/ Open for Enrollment Louisiana Office of Student Financial Assistance (LAOSFA) and Louisiana Tuition Trust Authority (LATTA) 500,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Louisiana. Chase Bank 9 Vanguard Inc: “ABLE accounts will be subject to investment risks, including loss of the principal amount invested.” No No Yes 3 business day float on non-guaranteed funds. Any funds remaining in the account after all Qualified Disability Expenses have been paid are subject to a legal claim by the state in an amount up to “the amount equal to the total medical assistance paid for the designated beneficiary after the establishment of the account, net of any premiums paid from the account or paid by or on behalf of the beneficiary to a Medicaid BuyIn program under any State Medicaid plan established under title XIX of the Social Security Act, shall be distributed to such State upon filing of a claim for payment by such State.” (Internal Revenue Code Section 529a.) No

HOUSE BILL 598 Legislative Summary

HOUSE BILL 833 Legislative Summary

Account Disclosure Document

No Yes 10 Yes 10 No Yes Yes, the account may have two disbursements per month of at least $200 each. No Yes 0 $0 $0 $0

Investment Performance: https://www.able.osfa.la.gov/Common/Docs/ABLE_Investment_Performance_Report.pdf

0 $0 $0 $0

LA does not charge administrative fees to the owners. They only incur the basis point fees from Vanguard.

Does your plan allow for different Levels of Control for an account owner who does not have a guardian or conservator for managing spending and investments from the ABLE account? No

The ABLE Act was passed on 5/16/14 as Act 93 (HB 833), prior to the federal passage of the ABLE Act in December 2014. HB 598 was signed into law as Act 411 on 7/1/15 to amend Act 93.

Do you have a policy for opening an account for those who have term guardianship, personal guardianship or financial guardianship/conservator? Yes During the opening procedure, (online or paper application) this relationship is established via the answer to the hierarchy question included.

Does your plan allow for proper account titling for a representative payee (see examples in the SSA webpage: Payee and ABLE accounts )? if the rep payee is an individual, they set the account up with themselves as the administrator and the disabled person as the account owner. If the rep payee is an entity, the account is set up with the entity as the administrator with an agent to act on behalf of the entity and the disabled person as the account owner.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? The above is true for those that passed prior to 6/6/23. If after, ACT 96 will be used. The administrator can name either to disabled sibling to receive their ABLE Savings Account proceeds to their ABLE Savings account or a check payable to the estate of the owner/beneficiary. If no election is made, final expenses are paid first, then the balance to the Louisiana Disability Services Fund.

Maine /state-review/maine/ ABLE ME (click to open an account) Phone number: 1.877.226.4671 https://www.bangor.com/personal-banking/checking/able-home/ Open for Enrollment Maine State Treasurer 500,000 No $18,000 currently (This limit is a Federal limit that applies to all 529(A) Programs and is subject to change. It does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Maine. Bangor Savings Bank 0 Not Applicable, the only deposit instrument is a transactional checking account. Yes No Yes Ability to withdraw funds that have been deposited into a Maine ABLE Benefit CheckingSM Account are determined by the Funds Availability Disclosure section of the Important Information About Your Account Booklet. The State of Maine, or any agency or instrumentality of the State, may not seek payment under the federal Internal Revenue Code, 26 United States Code, Section 529A from an account, or its proceeds, that is established under a qualified ABLE program for MaineCare benefits provided to a designated beneficiary, unless otherwise required by 14 the United States Social Security Act, 42 United States Code, Section 1396p(b). No

LD 1881

and LD 1637

Maine ABLE Informational Booklet

Yes Yes 25 No No No Yes $0 Yes 0 $0 Varies based on design $0

Please See Common Fee Schedule

0 $0 $0 $0

Self-attestation enrollment process. Recently modified IRS regulations regarding how the distribution of ABLE earnings must be handled aligns with the operating processes and systems of investment houses, not banks. As a result the ABLE ME Program cannot include earnings, and instead focuses on benefits such as protection of principal, easy access, and service charge free checking. ABLE ME focuses on a specific advantage of the ABLE act: being able to accumulate resources beyond means-tested benefit limits without jeopardizing eligibility for necessary public benefits. Unlike other Programs, ABLE ME:
• Does not offer market-driven investment options
• Is non-interest bearing
• Can only accept rollovers without earnings from another State’s 529A Qualified ABLE Program or 529 Qualified Tuition Program

Maryland /state-review/maryland/ Maryland ABLE (click to open an account) Phone: 1. 855.563.2253 https://www.marylandable.org/ Open for Enrollment to residents of any U.S. state. Vestwell 500,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. BNY Mellon 4 Vanguard Yes No Yes Up to a maximum of 7 business day hold after a contribution has been received and accepted by the Program for funds to be available to withdrawal. The provisions of Maryland HB 782/SB 550 section 18–19C–10.This section reads as follows:18–19C–10. 22:(a) Unless prohibited by federal law, on the death of a designated beneficiary, money and assets in an able account may be transferred to: (1) The estate of the designated beneficiary; or (2) An able account for another eligible individual specified by the designated beneficiary or the estate of the designated beneficiary. (b) Unless required by federal law, an agency or instrumentality of the state may not seek payment under § 529a(f) of the internal revenue code from an able account or its proceeds for any amount of medical assistance paid for the designated beneficiary. Section 2. And be it further enacted, that this act shall take effect June 1, 2018. Yes

The Maryland ABLE Act (2016 Maryland Laws Ch. 39 (H.B. 431) was signed into law by Governor Hogan on April 12, 2016, enabling Maryland to begin building an ABLE program. The Maryland ABLE program is implemented by an independent state agency, Maryland 529.

Yes Yes 25 Yes 10 Yes An annual Account Maintenance Fee of $35 is broken into quarterly installments and deducted from the account at the end of each quarter. The amount billed will be prorated for the calendar quarter during which you open your ABLE Account. Each quarter after that you will be billed $8.75. No Yes $1.25 per month. Yes 0 An annual Account Maintenance Fee of $35 billed at the end of each quarter. The amount billed will be prorated for the calendar quarter during which you open your ABLE Account. Each quarter after that you will be billed $8.75. $2.50 per check $1.25 a month

0 None if requested electronically. $10 annual fee if paper statements and paper tax documents vs. electronic are requested 0 0

Maryland ABLE has included in its rollover from 529 College Savings and gifting process a step for approval and limiting by the Beneficiary or ALR to ensure that beneficiaries that have savings goals in order to maintain benefits, based on assets outside of the ABLE account, can be completed throughout the calendar year.

Maryland ABLE offers both online and paper enrollment. Account holders can also call and make an appointment to visit our offices for assistance to enroll during normal business hours.

Massachusetts /state-review/massachusetts/ The Attainable Savings Plan (click to open an account) https://www.fidelity.com/able/attainable/overview Open for Enrollment Fidelity MEFA - https://www.mefa.org/products/attainable/ 400,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. NA 8 Fidelity Investments Yes No Yes If the account owner dies with funds in an ABLE account, those funds must be used (in this order), to pay any outstanding QDE bills including funeral expenses, to provide payback to Medicaid for all Medicaid benefits received, and then to be distributed to the account holders legal beneficiaries. No

Bill H 3753

No No No 0 No No Yes Yes 0 $0 $0 $0

Michigan ABLE Legislation

0 $0 $0 $0

Nationally, Fidelity Investments has centers where a customer can open an account in person. A person can open an account at an investment center, online and over the phone.

Here is the link to search for Fidelity investment centers nationally.

Michigan /state-review/michigan/ MiABLE (click to open an account) Phone: (844) 656-7225 https://savewithable.com/mi/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 500,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Upon the death of a beneficiary, funds remaining in an ABLE account can be used by the decedent’s estate to pay for outstanding Qualified Disability Expense, including funeral and burial costs. Funds remaining after these payments will be transferred to the decedent’s estate and may be subject to “claw back” under applicable Medicaid laws and regulations. Michigan Medicaid has never made a claim to ABLE accounts after a beneficiary has passed away. Yes

See Plan Disclosure Document

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. Yes No restriction on the number of disbursements, however there is a $20 disbursement fee for checks, $15 fee for Wires, and no fee for ACH. Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank, NA Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. $0 No transaction fee, fee for disbursements, $20 for check, $15 for Wire, no fee for ACH.

Michigan is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Michigan savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Michigan ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Michigan ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

See ABLE Plan Disclosure Document

Minnesota /state-review/minnesota/ Minnesota ABLE Plan (click to open an account) Phone: 1 (888) 609-8872 https://savewithable.com/mn/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 425,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State's Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Yes Yes 25 Yes 25 Yes The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Minnesota. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

Mississippi Code Section 43-28-1 et. seq.

0 The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Minnesota. $0 0

Minnesota is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Minnesota savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Minnesota ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Minnesota ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? See ABLE Plan Discolsure Documents

Mississippi /state-review/mississippi/ Mississippi ABLE Program (click to open an account) Phone: 1 (888) 609-3469 https://savewithable.com/ms/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 235,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery Upon the death of a beneficiary, funds remaining in an ABLE account can be used by the decedent’s estate to pay for outstanding Qualified Disability Expense, including funeral and burial costs. Funds remaining subsequent to these payments will be transferred to the decedent’s estate and may be subject to “clawback” under applicable Medicaid laws and regulations. Yes

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Mississippi. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Mississippi. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery

Missouri Revised Statutes §§ 209.605-209.645 establishes the rules for MO ABLE

Mississippi is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Mississippi savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Mississippi ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Mississippi ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? See ABLE Plan Discloure Documents

Missouri /state-review/missouri/ MO ABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://www.moable.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Missouri. Bank of New York Mellon 4 Vanguard Group Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. Yes

SB 399 Legislative Summary

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, Missouri residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://moable.com/historical-performance

Does your plan allow for proper account titling for a representative payee? If the representative payee is an individual, they set up the account with themselves as the Authorized Legal Representative. If the representative payee is an entity, the account is set up with the entity as the administrator with an agent to act on behalf of the entity.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

Montana /state-review/montana/ Montana ABLE (click to open an account) Phone: 1 (888) 609-3461 https://savewithable.com/mt/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 396,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Please note that following the death of the account owner, the state Medicaid plan may file a claim against the Account Owner or the Account itself for medical assistance paid under the state's Medicaid plan after the establishment of the account. Yes

HB288 expanded the family members eligible for a tax deduction for contributions to ABLE accounts, and revised requirements for opening an account.

SB207 provides Montana taxpayers the opportunity to direct deposit their State income tax refund into an ABLE account.

Yes Yes 25 Yes 25 Yes The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.

Nebraska State Statute § 77-1401 implements the federal ABLE Act in Nebraska

0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. $0 $0

Montana is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Montana savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Montana ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Montana ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please See ABLE Plan Disclosure Documents

Nebraska /state-review/nebraska/ Enable Savings Plan (click to open an account) Phone: 1.844.362.2534 https://www.enablesavings.com/ Open for Enrollment Nebraska State Treasurer 500,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. BNY Mellon 5 Vanguard Yes No Yes 5-6 business days after contribution and 10 business days for change of address or account holder. Centers for Medicare and Medicaid Services of the United States Department of Health and Human Services, the State of Nebraska will not file a claim for payment or seek recovery of any amount remaining in the designated beneficiary’s account for any amount of medical assistance received by the designated beneficiary or his or her spouse or dependent under the medical assistance program pursuant to the Medical Assistance Act after the establishment of the account. Yes

Medicaid Recapture Policy

Yes Yes 50 Yes 25 Yes The current account Maintenance fee is $45 annually, payable at $11.25 per quarter. No Yes none Yes 0 The current account Maintenance fee is $45 annually, payable at $11.25 per quarter. $6.00 for a starter box of checks. $0

Senate Bill No. 419 (2015) – Committee on Health and Human Services

0 The quarterly statements are included in the annual fee. There is no addition fee for those. For the checking option statements, $2.00 per month, unless set up for electronic statement or maintain an average monthly balance Checking Investment Option of $250. There is no charge to roll over a Nebraska 529 account to an Enable 529a account. If rollover of a Nebraska 529 account goes to another state, then there is a state income tax recapture to the extent previously deducted by the account owner. $2 monthly fee is associated with utilizing the debit card option. However, the fee can be waived with an average daily balance over $250.

Enable Savings Plan are open to in-state and out-of-state residents. The Plan offers five investment options to best suit your needs; 3 mutual fund options Growth, Moderate, and Conservative; a Bank Savings option; and a Checking Investment option that comes with a free debit card. Nebraska residents that contribute to an Enable Savings Plan account are elligible for a Nebraska State tax deduction. Gifts may be made to an Enable Savings Plan account through a gift contribution coupon or by using the Ugift online gifting service.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? Yes.

Where can I find the ABLE Plan’s investment performance information? https://ne.enablesavings.com/neabletpl/fund/pricePerformance.cs

Description of plan’s Recertification of ABLE Eligibility Policy: Please See Plan Disclosure Document

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner/disabled person, our staff requests a copy of the death certificate as well as probate docs/small estate affidavit listing the executor (of the AO) and a letter of instruction from the executor providing us with the breakdown of the QDEs (ex. final burial expenses and where to send the proceeds). If there are funds left above those final expenses, a check is requested payable to the estate of the account owner/disabled person.

Nevada /state-review/nevada/ ABLE Nevada (click to open an account) Phone: 1 (888) 627-7503 https://savewithable.com/nv/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 370,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Methods and incentives to encourage contributions to a savings trust account:

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Nevada. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Nevada. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery

Nevada is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Nevada savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Nevada ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Nevada ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please See ABLE Plan Disclosure Documents

New Hampshire /state-review/new-hampshire/ NH ABLE PLan (click to open an account) Phone: 1-888-609-3263 from 8am-5pm ET https://savewithable.com/nh/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 596,925 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of New Hampshire. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. To the extent provided in subsection 26 U.S.C. §529A(f) upon the death of the Account Owner, the State of New Hampshire shall have a claim for payment from the Account Owner in an amount equal to the total medical assistance paid for the Account Owner after the establishment of the account. Any remaining funds in the Account Owner’s Account shall be distributed as provided in the Plan Disclosure Booklet, including without limitation to a Successor Account Owner, or distributed to the Account Owner’s estate if no other designation is made. No

Yes Yes 25 Yes 1 Yes Each Account is charged an Annual Account Maintenance Fee of $58.00, which is assessed and withdrawn from the Account on a quarterly basis. The amount withdrawn from the Account each quarter is $14.50. If Electronic Delivery is established, the Annual Account Maintenance Fee charged to the Account will be reduced to $33.00. The amount withdrawn from the Account each quarter will be $8.25. No Yes $5.00 per month Yes 0 Each Account is charged an Annual Account Maintenance Fee of $58.00, which is assessed and withdrawn from the Account on a quarterly basis. The amount withdrawn from the Account each quarter is $14.50. If Electronic Delivery is established, the Annual Account Maintenance Fee charged to the Account will be reduced to $33.00. The amount withdrawn from the Account each quarter will be $8.25. $0 Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.

0 Each Account is charged an Annual Account Maintenance Fee of $58.00, which is assessed and withdrawn from the Account on a quarterly basis. The amount withdrawn from the Account each quarter is $14.50. If Electronic Delivery is established, the Annual Account Maintenance Fee charged to the Account will be reduced to $33.00. The amount withdrawn from the Account each quarter will be $8.25. There is no fee for rolling over an account, however, based on when the account is terminated, the account owner may be assessed a portion of the maintenance fee. $0

New Hampshire is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. New Hampshire savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The New Hampshire ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a New Hampshire ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information?

New Jersey ABLE Legislation

New Jersey /state-review/new-jersey/ NJ ABLE (click to open an account) Phone: 1 (888) 609-8869 https://savewithable.com/nj/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 305,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 https://cdn.unite529.com/jcdn/files/UABLE/pdfs/nj-programdescription.pdf Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery 0 https://cdn.unite529.com/jcdn/files/UABLE/pdfs/nj-programdescription.pdf $0 0

New Jersey is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. New Jersey savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The New Jersey ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a New Jersey ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please See Plan Disclosure Documents

New Mexico /state-review/new-mexico/ ABLE New Mexico (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://ablenewmexico.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of New Mexico. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

Legislative Summary SB 4472

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, New Mexico residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll direct deposit, SSA direct deposit, personalized gifting page, and a no cost loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://ablenewmexico.com/historical-performance

New Mexico HB61 established the rules for ABLE New Mexico.

New York /state-review/new-york/ NY ABLE (click to open an account) Phone: 855.569.2253 https://www.mynyable.org/ Open for Enrollment Ascensus Broker Dealer Services, LLC 520,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank, NA 5 Vanguard Yes No Yes New contributions will not be available for withdrawal for five business days. Contributions into the Checking Option will not be available for withdrawal for six business days. There will be a hold of 10 business days on withdrawal requests following a change to your address and a hold of 15 calendar days on withdrawal requests following a change to your banking information. Under Section 529A of the Code, following the death of the Account Owner, any state may file a claim against the Account Owner or the Account itself for the amount of the total medical assistance paid to or for the Account Owner under the state’s Medicaid plan after the Account (or any ABLE account from which amounts were rolled over or transferred to the current Account) was opened. No

SB 4472; S 6397

Yes Yes 25 No 0 Yes If you elect electronic delivery notification for statements and confirmations, your Quarterly Account Maintenance Fee will be $11.25. If you elect paper delivery for statements and confirmations, your Quarterly Account Maintenance Fee will be $13.75. No Yes $2 Checking Option Fee- Waived if enrolled in E-delivery or have a balance greater than $250 in the checking option. Yes 0 Account maintenance fee is $55 annually or $45 annually if the individual chooses electronic statements. This fee will be taken out of the individual's account on a quarterly basis in the amount of $11.25 or $13.75. $6/order $2 Checking Option Fee- Waived if enrolled in E-delivery or have a balance greater than $250 in the checking option

HB 556 Legislative Summary

0 Account maintenance fee is $55 annually or $45 annually if the individual chooses electronic statements. This fee will be taken out of the individual's account on a quarterly basis in the amount of $11.25 or $13.75. $0 No- other than fees subeject to use of the debit card if in network vs out of network.

NY ABLE offers materials in Spanish, including program disclsoure booklet, website, and enrollment form.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? NY ABLE provides for various levels of control over an account through a customized Power of Attorney form, available on our website.

Where can I find the ABLE Plan’s investment performance information? https://www.mynyable.org/nyabletpl/fund/pricePerformance.cs

Description of plan’s Recertification of ABLE Eligibility Policy: It is the responsibility of the Account Owner to notify NY ABLE in writing if they cease to be an Eligible Individual. We will provide annual reminder notices to the Account Owner, their parent or legal guardian, or their Authorized Individual of the responsibility to notify NY ABLE if the Account Owner ceases to be an Eligible Individual.

ATM fee: $2.00 for each transaction outside of network.

Do you have a policy for opening an account for an account owner who does not have a guardian or conservator for managing spending and investments from the ABLE account? Eligible individuals who have legal capacity may open and manage their own accounts; if eligible individuals lack the legal capacity to manage their own accounts, an authorized individual can manage the account on their behalf. An authorized individual includes, in order of priority, a power of attorney, conservator or legal guardian, spouse, parent, sibling or grandparent of the eligibile individual or a representative payee appointed for the individual by the Social Security Administration.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? The NY ABLE program will process all qualified disability expenses, including funeral and burial expenses.

North Carolina /state-review/north-carolina/ NC ABLE (click to open an account) Phone: 1-888-627-7503 https://savewithable.com/nc/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 540,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. To the extent provided in subsection 26 U.S.C. §529A(f) upon the death of the Account Owner, the Member State shall have a claim for payment from the Account Owner in an amount equal to the total medical assistance paid for the Account Owner after the establishment of the account. The Member State may file its claim for repayment from the account with the State Treasurer within 60 days of receiving notice from the State Treasurer of the death of the Account Owner. Any remaining funds in the Account Owner's Account shall be distributed as provided in the Plan Disclosure Documents or distributed to the Account Owner's estate if no other designation is made. No

Ohio House Bill 155 implements the federal ABLE Act in Ohio

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners. $0 $0

North Carolina is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. North Carolina savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The North Carolina ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a North Carolina ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plans’s investment performance information? Please see the Plan Disclosure Documents

North Dakota /state-review/north-dakota/ ABLE Plan for North Dakota (click to open an account) https://bnd.nd.gov/able/ Signed into law - see website for information on how to select an ABLE plan in another state. Bank of North Dakota $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Yes No 0

Ohio /state-review/ohio/ STABLE Account (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://www.stableaccount.com/ Open for Enrollment Vestwell State Savings 541,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. Yes

Yes Yes 25 Yes 1 Yes The current account maintenance fee is $15 per year payable at $3.75 per quarter for Ohio Account Owners and $27 per year payable at $6.75 per quarter for non-Ohio account owners. No Yes There is no monthly fee for residents of Ohio, Oklahoma, Utah, Vermont and West Virginia. All other states' residents will have a $5 monthly fee once the card is activated. Yes 0 The current account maintenance fee is $15 per year payable at $3.75 per quarter for Ohio Account Owners and $27 per year payable at $6.75 per quarter for non-Ohio account owners. 0 There is no monthly fee for residents of Ohio, Oklahoma, Utah, Vermont and West Virginia. All other states' residents will have a $5 monthly fee once the card is activated.

Oklahoma HB 2821 establishes the rules for Oklahoma STABLE

The program features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a no cost loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information?

The plan’s investment performance can be found here: https://stableaccount.com/historical-performance

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

Oklahoma /state-review/oklahoma/ Oklahoma STABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://okstable.org/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Oklahoma. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Oregon Senate Bill 777 implemented the federal ABLE Act in Oregon.

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, Oklahoma residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://okstable.org/historical-performance

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

Oregon – ABLE for All Savings Plan /state-review/oregon-able-for-all-savings-plan/ Oregon - ABLE for ALL Savings Plan (click to open an account) Phone number: 1-844-999-2253 https://ableforall.com/about Open for Enrollment Vestwell 400,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. BNY Mellon 4 Vanguard Yes No Yes 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account. Medicaid recovery can only take place after funds are transfered to the account owner's estate. No

Yes Yes 25 Yes 5 Yes $35.00 per year. No Yes $1.25 a month. Yes 0 $35 $2.50 per check. $1.25

Oregon Senate Bill 777 implemented the Federal ABLE Act in Oregon

0 No fee for electronic statements. $10 annually for mailed paper statements. $0 No

From the very beginning, ABLE for ALL was designed to be a self-empowerment tool for people with disabilities. We always presume competence while making sure you have access to any supports you need. Our program was created with the support of people with disabilities and the organizations that serve them.

Where can I find the ABLE Plan’s investment performance information? https://ableforall.com/historical-performance

Minimum Deposit: Any deposits must be more than $5. There is no minimum number of contributions that someone has to make.

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

Oregon – ABLE Savings Plan /state-review/oregon/ Oregon ABLE Savings Plan (click to open an account) Phone number: 1-844-999-2253 https://www.sumday.com/register/oregon-able Open for Enrollment Vestwell 400,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Oregon. BNY Mellon 4 Vanguard Yes No Yes 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account. Medicaid recovery can only take place after funds are transfered to the account owner's estate. Yes

Oregon ABLE Tax Credit

Yes Yes 25 Yes 5 Yes $35 a year. No Yes $1.25 per month Yes 0 $35 a year. $2.50 per check $1.25 per month

Pennsylvania State ABLE Legislation

0 No fee for electronic statements. $10 annually for mailed paper statements. $0 No fee for withdrawals

From the very beginning, Oregon ABLE was designed to be a self-empowerment tool for people with disabilities. We always presume competence while making sure you have access to any supports you need. Our program was created with the support of people with disabilities and the organizations that serve them.

Where can I find the ABLE Plan’s investment performance information? https://www.oregonablesavings.com/historical-performance

Minimum Deposit Amount: Yes, any deposits must be more than $5. There is no minimum number of contributions that someone has to make.

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

Pennsylvania /state-review/pennsylvania/ PA ABLE Savings Program (click to open an account) Phone: 1 (855) 529-2253 http://www.paable.gov/ Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 511,758 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. PA state Medicaid is not permitted to recover certain benefits from a PA ABLE Account, unless required by federal law. Yes

HB 5564 Legislative Summary

Yes Yes 25 Yes 25 Yes The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. 0 The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners. $0 $0

Pennsylvania is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Pennsylvania savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Pennsylvania ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Pennsylvania ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please see the Plan Disclosure Documents

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? With proper documentation, qualified funeral and burial expenses may be withdrawn from the account.

Rhode Island /state-review/rhode-island/ RI's ABLE (click to open an account) Phone: 1 (888) 609-8915 https://savewithable.com/ri/home.html Open for Enrollment Ascensus College Savings Recordkeeping Services, LLC 395,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Fifth Third Bank 7 The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. Yes No Yes Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

SB 465 Legislative Summary

Yes Yes 25 Yes 25 Yes The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements. No Yes A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery Yes 0 The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Rhode Island. Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account. A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery

South Carolina HB3768 established the Palmetto ABLE Savings Program

Rhode Island is a member of the National ABLE Alliance, a bi-partisan consortium of states and the District of Columbia. Rhode Island savers and investors can choose among 7 Investment Options, including a fully integrated Fifth Third, FDIC-insured Checking Account Option, which is available with a real-time debit card and check-writing capability. Account Owners can take advantage of lower fees by choosing Electronic Delivery. The Rhode Island ABLE Program is available to both in-state and out-of-state residents. Anyone can contribute to a Rhode Island ABLE Account, and the easy-to-use Ugift feature makes gift contributions easy.

Where can I find the ABLE Plan’s investment performance information? Please see the Plan Disclosure Documents

South Carolina /state-review/south-carolina/ Palmetto ABLE Savings Program (South Carolina) (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://www.palmettoable.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of South Carolina. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. Yes

Achieving a Better Life Experience (ABLE) Act

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, South Carolina residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information?

The plan’s investment performance can be found here: https://palmettoable.com/historical-performance

Optional Additional Information: Does your plan allow for proper account titling for a representative payee? If the representative payee is an individual, they set up the account with themselves as the Authorized Legal Representative. If the representative payee is an entity, the account is set up with the entity as the administrator with an agent to act on behalf of the entity.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

South Dakota /state-review/south-dakota/ https://sdic.sd.gov/other/ABLE.aspx NA 350,000 $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. Yes No

HB 1224

HB 1224 was signed into law on 3/11/2016. The bill:

Excludes contributions to an account in a qualified ABLE savings program, earnings on the contributions or distributions from the account for qualified disability expenses from consideration when determining eligibility for state benefit programs.
Authorizes the Investment Council to provide information about ABLE savings programs to residents of South Dakota.

Tennessee /state-review/tennessee/ ABLE TN (click to open an account) Phone: 855.922.5386 https://able.treasury.tn.gov/ Open for Enrollment State of Tennessee Department of Treasury 350,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Tennessee. NA 15 Vanguard; PrimeCap, DoubleLine; Western Asset Management No No Yes Each Contribution will be subject to a ten (10) calendar day hold before the monies are eligible for Withdrawal. Additionally, there will be a hold of eight (8) Business Days on Withdrawal requests when there is a change to the Account Owner’s address and a hold of ten (10) calendar days on Withdrawal requests following a change to the Account’s banking information. Public Chapter 44, signed into law on March 14, 2023, prohibits the State of Tennessee Medicaid program from filing a claim or seeking recovery from an ABLE TN account. For all other states, within thirty (30) days upon the death of an Account Owner, and after all outstanding payments due for Qualified Disability Expenses, all amounts remaining in an ABLE Account, up to an amount equal to the total medical assistance paid for the Account Owner after the establishment of an ABLE Account, net of any premiums paid by or on behalf of the Account Owner to a Medicaid Buy–In program under any state Medicaid plan, may be claimed by the applicable state and, if so claimed, must be distributed by the Program to the claiming state. No

Texas Education Code, Chapter 54, Subchapter J

No Yes 25 No No No No Yes 0 $0 NA $0 0 $0 $0 $0

New Enrollment in ABLE TN is only available to Tennessee residents.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? No

Where can I find the ABLE Plan’s investment performance information? ABLE TN (abletenn.com)

Description of plan’s Recertification of ABLE Eligibility Policy: Each year, the Account Owner is notified that they must inform ABLE TN if they are no longer eligible. If they do not notify the program that they are ineliglble, they are deemed to have re-certified.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Please See Plan Disclosure Documents

Texas /state-review/texas/ Texas ABLE Program (click to open an account) Phone number: 844.489.2253 https://www.texasable.org/ Open for Enrollment Orion Advisor Solutions, Inc. 500,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Texas. Bank of the West 5 Vanguard, PIMCO, and Eaton Vance Yes No Yes 10 business days following receipt of contributions by check or ACH if needed to fund withdrawal or following a change of address; 15 business days following change of ALR Texas Medicaid does recovery of any expenses paid for an ABLE beneficiary while the ABLE account was open, including Texas residents who open ABLE accounts in other states No

Please See Program Disclosure Document

Yes Yes 50 Yes 25 Yes $42 Yes Two free ACH withdrawals per month, $1 for each additional withdrawal. A withdrawal to the debit card is considered an ACH withdrawal. Once funds are on the debit card, no additional withdrawal fees apply. Yes $0 Yes 0 $42 per year payable at $3.50 per month. Distributions by check can be authorized by the beneficiary or ALR, if any, but the program does not provide checks for use by the beneficiary or ALR The Program will charge $1.00 for each withdrawal by ACH in excess of two per month from your Texas ABLE account. Making a withdrawal to the Focus Card is considered an ACH withdrawal.

0 $0 if electronic or $10 per year if paper option is selected $0 $1 fee for each ACH withdrawal in excess of two per month; $5 fee for each withdrawal by check

Program is administered by the Texas Prepaid Higher Education Tuition Board, chaired by the Texas Comptroller. A Texas ABLE Advisory Committee has been established by the Board to provide guidance to the Board about Texas ABLE. An eGift option is available.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? If the beneficiary is unable or prefers not to manage their own account, they can have someone manage it for them (Authorized Legal Representative “ALR”) according to the hierarchy allowed by IRC, Sec. 529A. Even if the ALR manages the account, they can allow the beneficiary to have a debit card in their name to help them learn about managing funds.

Where can I find the ABLE Plan’s investment performance information? https://www.texasable.org/investments/#investment-performance

Description of plan’s Recertification of ABLE Eligibility Policy: Program Disclosure Statement advises that participants no longer meeting eligibility requirements should notify program in a timely manner; annual statements include reminder as well.

The account owner can establish their own account online or contact customer service for assistance in establishing an account.

Do you have a policy for opening an account for an account owner who does not have a guardian or conservator for managing spending and investments from the ABLE account? Yes, for accounts established by a rep payee, the organization that employs the rep payee is listed as the ALR.

Does your plan allow for proper account titling for a representative payee? no

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account beneficiary, a copy of the death certificate is requested. The program allows payment of funeral and burial expenses before Medicaid Recovery. A copy of the benefciary’s will is requested to make sure remaining funds are distributed according to law.

Account balances are generally not considered as a resource for purposes of determining a beneficiary’s eligibility to receive benefits or the amount of the assistance or benefits provided by the state of Texas.

Utah /state-review/utah/ ABLE Utah Savings Plan (click here to open account) Phone: 1-800-439-1653 from 9am-8pm ET. https://ableut.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Utah. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. Yes

SB292 is the legislation that establishes the Achieving a Better Life Experience Program, ABLE Utah Savings Plan

Yes Yes 25 Yes 1 Yes The current account maintenance fee is $27 per year payable at $6.75 per quarter. No Yes $0 Yes 0 The current account maintenance fee is $27 per year payable at $6.75 per quarter. $0 $0

V.S.A. §§ 8001-8004 establishes the rules for Vermont ABLE.

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, Wyoming residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a no cost loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://ableut.com/historical-performance

Does your plan allow for proper account titling for a representative payee?

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

Vermont /state-review/vermont/ Vermont ABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://www.vermontable.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Vermont. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Sections 23.1-700 through 23.1-713 of the Code of Virginia, as amended.

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, Vermont residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a no cost loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://vermontable.com/historical-performance

Optional Additional Information: What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

Virginia – ABLEAmerica /state-review/virginia-2/ ABLEAmerica (click to open an account) Please contact your financial professional. https://www.able-now.com/ableamerica Open for Enrollment Virginia529 selected American Funds Service Company, American Funds Distributors and Capital Research and Management Company to manage ABLEAmerica. 550,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. ABLEAmerica is distributed by American Funds Distributors, Inc. and sold through unaffiliated intermediaries. 7 American Funds No Yes Yes Please contact your financial advisor. Unless required by federal law, the Virginia Department of Medical Assistance Services may not pursue Medicaid recovery claims against the ABLEnow or ABLEAmerica accounts of Virginia residents. Yes

No Yes 250 Yes 50 Yes Accounts may incur an initial $10 set-up fee. However, these fees are waived until further notice. No No Yes 0 Accounts may incur an annual $10 account maintenance fee. However, these fees are waived until further notice. NA NA

Sections 23.1-700 through 23.1-713 of the Code of Virginia, as amended.

0 Please contact your financial professional. $0 NA

The first ABLE program available through financial professionals, ABLEAmerica is distributed by American Funds, a family of mutual funds from Capital Group, one of the world’s largest investment management firms. The advisor-sold ABLEAmerica plan is sponsored by Virginia529 and open to eligible individuals in all 50 states. For more information, contact a financial professional.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? Please contact your financial professional.

What were the 2021 average investment earnings for each investment product? Fund performance.

Description of plan’s Recertification of ABLE Eligibility Policy. See plan disclosure documents.

Does your plan allow for proper account titling for a representative payee? Please contact your financial professional.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Please contact your financial professional.

Virginia – ABLEnow /state-review/virginia/ ABLEnow (click to open an account) Phone: 844-669-2253 https://www.able-now.com/ Open for Enrollment Virginia529 550,000 Yes $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii. PNC Bank 5 Vanguard and Fidelity Yes No Yes Typically, funds are available between one and five business days after the contribution is initiated. The availability of funds for withdrawal will vary depending on the type of contribution. Unless required by federal law, the Virginia Department of Medical Assistance Services may not pursue Medicaid recovery claims against the ABLEnow or ABLEAmerica accounts of Virginia residents. Yes

Please See Plan Investment Disclosure Documents.

Yes No No Yes $39 per year, payable at $3.25 per month. The monthly service fee is waived if you maintain an average daily balance of $10,000 in the ABLEnow Deposit Account. No Yes $0 / There is no additional cost for the ABLEnow Card. Yes 0 $39 per year, payable at $3.25 per month. The monthly service fee is waived if you maintain an average daily balance of $10,000 in the ABLEnow Deposit Account. NA $0

0 No fee for online statements. There is a $1.50 per month fee for customers who request to receive a monthly paper statement by mail. $0 $0

ABLEnow is the national, direct-sold ABLE savings program administered by Virginia529, the nation’s largest college savings plan. Launched in 2016, ABLEnow features a convenient website to open and manage your account anytime, a fee-free savings option for customers with ABLEnow deposit account balances of $10,000 or more, and free resources such as the ABLEnow mobile app, mobile wallet-compatible ABLEnow Card, online gifting center and in-house ABLE experts available by phone and email.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? Yes, ABLE account owners have the option to issue one additional ABLEnow Card to an Authorized Signer of their choice.

What were the 2021 average investment earnings for each investment product? Details on fund performance.

Description of plan’s Recertification of ABLE Eligibility Policy: See plan disclosure documents.

Does your plan allow for proper account titling for a representative payee? ABLEnow allows individual and organizational representative payees to open accounts as Authorized Representatives, so the representative payee has full control over account funds.”

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? See plan disclosure documents.

Most ABLEnow gift-givers make contributions via a bank transfer (aka electronic funds transfer) or by check. The process is explained to customers here

Washington /state-review/washington/ Washington State ABLE (click to open an account) Phone number: 1-844-600-2253 https://www.washingtonstateable.com/ Open for Enrollment Vestwell 500,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Washington. Bank of New York Mellon 4 Vanguard and DFA Yes No Yes 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions Yes, against the estate not the plan. No

Washington House Bill 2323 from 2016 session

Senate Bill 6221 from 2018 session

See plan disclosure for historical rate of returns.

Yes Yes 25 Yes 10 Yes $35 per year. No Yes $1.25 per month Yes 0 $35 $2.50 per check (distribution by check) $1.25 per month

0 No fee for electronic statements. $10 annually for mailed paper statements. $0 $0

E-gifting option to set up and run gifting campaigns for the beneficiary.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? No.

Where can I find the ABLE Plan’s investment performance information? https://www.washingtonstateable.com/historical-performance

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

WA State Developmental Disabilities Endowment Trust Fund or call toll-free at 888.754.8798 ext. 1

West Virginia /state-review/west-virginia/ WVABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://wvable.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of West Virginia. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. WVABLE accounts are not subject to 529A claims against the beneficiary of a WVABLE account for total medical assistance paid after the establishment of an account by the West Virginia Department of Health and Human Resources. However, the West Virginia Department of Health and Human Resources may recover payments from the estate of Medicaid beneficiaries only as required by Section 1917(b) of the Social Security Act and WV Code §9-5-11c. Those impacted will be the estates, age 55 or older, whose nursing home and/or community-based waiver services were paid by Medicaid. The estate recovery may include the remaining STABLE account funds. For more information on the West Virginia estate recovery process, please go to www.wvrecovery.com. Yes

West Virginia Code | §16-48 (wvlegislature.gov)

2015 Senate Bill 21 – 2015 WISCONSIN ACT 55

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, West Virginia residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll direct deposit, SSA direct deposit, personalized gifting page, and a no cost loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://stableaccount.com/historical-performance

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, a check is made payable to the estate of the account owner.

Wisconsin /state-review/wisconsin/ No program – eligible Wisconsin residents may open an account with another state that accepts non-residents into its program. https://www.revenue.wi.gov/Pages/FAQS/ise-ABLEAccounts.aspx NA 0 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Wisconsin. NA 0 NA No Yes

No 0

Wisconsin allows a state income tax deduction for contributions to ABLE accounts opened in other states. Find more information on the Wisconsin Department of Revenue website.

The cumulative limit for an ABLE account is set by each state’s ABLE program; Wisconsin residents must adhere to the asset limit of the state program in which they open an account.

ABLE was added to the Executive Budget Act of 2015 (SB 21) on 7/12/15.

IMPORTANT NOTE: AB 731 was introduced on 1/15/16. This legislation repeals the Wisconsin ABLE Law but applies a state income tax deduction to ABLE accounts opened in other states. AB 731 passed Assembly on 2/16/16 and the Senate concurred on 3/16/16. It was signed into law on 3/30/16.

Wyoming /state-review/wyoming/ WYABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET https://wyable.com/ Open for Enrollment Vestwell State Savings 541,000 No $18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.) An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Wyoming. Bank of New York Mellon 4 Vanguard Yes No Yes 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account. Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state. No

Wyoming does not have state specific ABLE legislation.

Alabama Senate Bill 226 implements the federal ABLE act in Alabama

STABLE Account is the national ABLE savings program administered by the Office of the Ohio Treasurer of State. Through its partner state model, Wyoming residents have access to a program that features the best customer service and offers ease of enrollment, unsurpassed website accessibility, an online portal to manage your account, some of the lowest investment management fees in the country, payroll deduction, personalized gifting page, and a loadable debit card with customizable spending controls and transactional recordkeeping.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://az-able.com/historical-performance

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

State,ABLE URL,Program Name,Program Link,Status,State Program Manager,State Account Limit,Accepts Out of State Residents,Annual Contribution Limit,ABLE to Work Act Contribution,Program Banking Institution,Number Investment Options,Program Investment Institution(s),Debit Card Or Prepaid Card,Financial Advisor Sold Plan,Withdrawal Hold Rules,Medicaid Estate Recovery Status,State Income Tax Deduction,State Income Tax Deduction More Info,ABLE Legislation,Account Disclosure Document,FDIC Insured,Initial Minimum Contribution,Initial Minimum Contribution Amount,Required Minimum Contribution,Required Minimum Contribution Amount,Annual Set Fee,Annual Set Fee Amount,Fees Or Restrictions,Fees Or Restrictions Details,Purchasing Card Available,Purchasing Card Added Cost,ABLE to ABLE Rollover,Roll Over Fee Amount,Annual Maintenance Fee,Check Fee,Debit Card Fee,Investment Option Fee Range,529 College Rollover Fee,Statement Fee,ABLE Account Transfer Fee,Withdrawal Transaction Fee,Other Unique Characteristics,Additional Info-nl-"Alabama","/state-review/alabama/","Alabama ABLE Savings Plan (click to open an account) Phone number: 1-844-711-2253","https://www.alabamaable.gov/","Open for Enrollment","Sumday/Vestwell","475,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","BNY Mellon","4","Vanguard and DFA","Yes","No","Yes. 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","Yes","$5,000 for single filers and $10,000 for joint filers ","

","

","Yes","Yes","25","Yes","5","Yes","$35 per year.","No","","Yes","$5.00/month","Yes","0","$35 per year.","$2.50 per check","NA","

Legislative Summary HB 188

","0","No fee for electronic statements. $10 annually for mailed paper statements.","$0","$0","

Where can I find the ABLE Plan’s investment performance information? https://www.alabamaable.gov/historical-investment-performance

","

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

",-nl-"Alaska","/state-review/alaska/","Alaska ABLE Program (click to open an account) Phone 1.888.609.8871","https://savewithable.com/ak/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","400,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Please note that following the death of the account owner, the state Medicaid plan may file a claim against the Account Owner or the B16 Account itself for medical assistance paid under the state's Medicaid plan after the establishment of the account.","No","","

","

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Alaska.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Alaska.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery","

HB2388 is the legislation that establishes the Arizona ABLE Act program, AZ ABLE

","0","The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Alaska.","$0","$0 ","

Where can I find the ABLE Plan’s investment performance information? Please See Plan Disclosure Documents

","",-nl-"Arizona","/state-review/arizona/","AZ ABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://az-able.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Arizona.","Bank of New York Mellon","4","Vanguard ","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","Yes","Arizona residents and taxpayers may deduct the amount of their contributions to an ABLE Account from their Arizona adjusted gross income to the extent the contributions were not deducted in computing Federal adjusted gross income. Annual contributions made to the AZ ABLE program up to and including two thousand dollars ($2,000) per participating taxpayer, and up to four thousand dollars ($4,000) for married individuals filing a joint tax return, shall be subtracted in determining Arizona adjusted gross income","

","

","Yes","Yes","25","Yes","1","Yes","The current account maintenance fee is $27 per year payable at $6.75 per quarter.","No","","Yes","$5 per month","Yes","0","The current account maintenance fee is $27 per year payable at $6.75 per quarter.","$0","$5.00 per month","

Arkansas Acheiving A Better Life Experience Act

","0","$10 annually (print/mail); $0 electronic","There is no fee for rolling over an account, however, based on when the account is terminated, the account owner may be assessed a portion of the maintenance fee.","$0","

The plan’s investment performance can be found here: https://az-able.com/historical-performance

","

Does your plan allow for proper account titling for a representative payee?

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

",-nl-"Arkansas","/state-review/arkansas/","Arkansas ABLE (click to open an account) Phone: (888) 609-8874","https://savewithable.com/ar/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","366,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Arkansas state Medicaid is not permitted to recover certain benefits from an Arkansas ABLE Account, unless required by federal law.","Yes","Arkansas taxpayers can deduct $5K if filling as individual and $10K if filing jointly. This deduction only applies to contributions made to Arkansas ABLE Accounts. Consult with a Tax Preparer to discuss your tax matters.","

","

","Yes","Yes","25","Yes","25","Yes"," The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Arkansas.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Arkansas.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

Assembly Bill 449 (2015) implements the federal ABLE Act in California

Where can I find the ABLE Plan’s investment performance information?Please see ABLE Plan Disclosure Documents

","",-nl-"California","/state-review/california/","CalABLE (click to open an account) Phone: 1.833.225.2253","https://www.calable.ca.gov/","Open for Enrollment","Vestwell State Savings, LLC effective August 21, 2023","529,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","BNY Mellon","8","Vanguard, Fidelity, Schwab, BNY Mellon","Yes","No","Yes. Contributions made to your account by the Account Owner or Authorized Legal Representative are subject to a 5-day hold. Contributions made by third parties may be subject to a 10-day hold. Additionally, a change in mailing address will result in a 15 day hold before a check withdrawal can be made to the updated address. A change in bank account will result in a 10 day hold before an ACH can be made to that bank account. For ACH withdrawals, you will typically receive the funds within two to five Business Days after CalABLE processes the request. For a check withdrawal request, you will typically receive the check within seven to ten Business Days after CalABLE processes the request. However, those time frames are not guaranteed, and various circumstances may cause your receipt of the funds or the check to be delayed.","California law prevents Medi-Cal from seeking reimbursement from the CalABLE accounts of California residents, unless otherwise required by federal law.","No","","

*AB-339 Qualified ABLE Program: age limit (Irwin)*AB-339 Qualified ABLE Program: age limit (Irwin)

","

","Yes","Yes","25","Yes","1","Yes","$30 per year withdrawn in 4 quarterly installments.","No","No. There are no restrictions on the number of withdrawals that can be taken. There are no fees with withdrawals taken by check or ACH.","Yes","$1.50 per month (currently waived)","Yes","0","$30 per year withdrawn in 4 quarterly installments.","$0","$1.50 per month (currently waived)","

","0","Accounts holders that elect to receive CalABLE documents by mail will be subject to an annual $10 Print and Paper Mail Delivery Fee","$0","There is no charge for withdrawals.","

Description of plan’s Recertification of ABLE Eligibility Policy: If an account owner is no longer eligible for their CalABLE Account, they simply have to notify the Program of this change.

Where can I find the ABLE Plan’s investment performance information? http://calable.ca.gov/historical-performance

Description of plan’s Recertification of ABLE Eligibility Policy. If an account owner is no longer eligible for their CalABLE Account, they simply have to notify the Program of this change.

","

Does your plan allow for proper account titling for a representative payee?
Yes

• (Beneficiary’s name) by (your name), representative payee.
• (Your name), representative payee for (beneficiary’s name).

",-nl-"Colorado","/state-review/colorado/","Colorado ABLE (click to open an account) Phone: 1-888-609-3468","https://www.coloradoable.org/","Open for Enrollment","Ascensus ","500,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","The checking account option is provided through Fifth Third Bank, NA","6"," Vanguard","Yes","No","Yes. Contributions made by check, recurring contribution, or EFT to the checking account option will be available for withdrawal after six business days. Contributions to the investment options made check, recurring contribution, or EFT will be available for withdrawal after 5 business days. There will be a hold of 10 business days on withdrawal requests when there is a change of address.","Colorado state Medicaid is not permitted to recover from a Colorado ABLE account, unless required by federal law.","Yes","Starting in 2023 contributions are deductible for Colorado State taxes if you use ColoradoABLE plan.","

HB 1359

","

","Yes","Yes","25","Yes","25","Yes"," The current account maintenance fee is $40 - $60 per year, charged quarterly. If enrolled in electronic delivery of statements a $3.75 discount per quarter and if a CO resident $1.25 discount is offered. ","Yes","Two free withdrawals per month, $1 for each additional withdrawal.","Yes","The Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.","Yes","25","The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements.","$2 monthly Charge. The fee is waived if your account has an average daily balance of $250 or if you sign up for electronic delivery of statements.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

Enabling Connecticut Legislation: PA 15-80—sHB 6738

","25","$60 annually, $15 quarterly.","$25","$2 monthly fee is associated with utilizing the debit card option. However, the fee can be waived with an average daily balance over $250. ","

We offer Colorado residents $25 for opening new accounts. Also contributions are state deductable if you use the ColoradoABLE plan.

Where can I find the ABLE Plan’s investment performance information? Plan Investment Performance

","

ATM fee: $2.00 for each transaction outside of network.

",-nl-"Connecticut","/state-review/connecticut/","ABLE CT (click to open an account) Phone: 1 (888) 609-3268","http://CT.savewithABLE.com","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","300,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

","

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners.","","A Fifth Third Bank, NA Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery","

Delaware Achieving a Better Life Experience Savings Accounts

","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners.","0","0","

Where can I find the ABLE Plan’s investment performance information? Please See Plan Disclosure Booklet

","

ABLE CT site

",-nl-"Delaware","/state-review/delaware/","DEPENDABLE (Click to open an account) 1 (888) 609-8914 ","https://savewithable.com/de/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","350,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Upon death, ABLE funds can be used by the beneficiary’s estate to pay for outstanding qualified expenses, including funeral and burial costs. Remaining funds will be transferred to the estate and may be subject to Medicaid “claw back.” House Bill 145 (2017) prohibits Delaware Medicaid from recouping certain Medicaid funds spent on behalf of a deceased beneficiary. Delaware Medicaid may be obligated under federal law to recoup funds spent on behalf of a deceased beneficiary over the age of 55, or funds expended for certain beneficiaries in nursing or intermediate care facilities or similar institutions","Yes","Delaware tax payers can subtract up to $5,000 ($10,000 for spouses filing jointly) from their federal adjusted gross income on their state income tax return. The deduction applies only to contributions made to a Delaware Achieving a Better Life Experience (ABLE) account.","

","

ABLE Plan Disclosure Documents

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Delaware.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Delaware.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

Legislative Summary B21-0252

Where can I find the ABLE Plan’s investment performance information? Please See Plan Disclosure Documents

","",-nl-"District of Columbia","/state-review/district-columbia/","DC ABLE (click to open an account) Phone: 1 (888) 609-3458","https://savewithable.com/dc/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","500,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Please note that following the death of the account owner, the state Medicaid plan may file a claim against the Account Owner or the Account itself for medical assistance paid under the state's Medicaid plan after the establishment of the account.","No","","

","

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of D.C..","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of DC.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

ABLE Disclosure Plan Documents

Where can I find the ABLE Plan’s investment performance information?

","",-nl-"Florida","/state-review/florida/","ABLE United (click to open an account) Phone: 1-888-524-2253","https://www.ableunited.com/","Open for Enrollment","Vestwell State Savings, LLC","418,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Florida.","BNY Mellon","8","BlackRock, Inc., BNY Mellon, The Vanguard Group, Inc., Florida PRIME","Yes","No","Yes. Up to 5 days for first party deposits, 20 business days for third party deposits","The Florida Medicaid program may not file a claim for Medicaid recovery of funds in an ABLE United Account. Upon the death of a designated Beneficiary, funds in the ABLE Account must first be distributed for Qualified Disability Expenses, then transferred to the estate of the designated Beneficiary. Federal law requires that each state recover Medicaid expenditures from a Medicaid recipient’s estate. Federal law also allows for a state to file a claim for Medicaid expenditures from an ABLE account. If the beneficiary received Medicaid in another state, please check the law of that state.","No","There is no state income tax for residents of Florida. ","

Florida Achieving a Better Life Experience (ABLE) Act

","

. O.C.G.A §§ 30-9-1 through 30-9-16 establish the rules for Georgia STABLE

","Yes","Yes","25","Yes","5","No","","No","","Yes","$2.50 per month","Yes","0","$0","$0","$2.50 per month","","0","If you choose to opt out of electronic statements, there is a $10 per year fee for paper statements.","$0","Prepaid debit card has a $2.50 monthly fee that is deducted from the prepaid card balance monthly. ","

Where can I find the ABLE Plan’s investment performance information? https://www.ableunited.com/save/investment-performance/

1.13 “Certification” means a verification made under penalties of perjury by a person authorized to make such a verification.

","

",-nl-"Georgia","/state-review/georgia/","Georgia STABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://www.georgiastable.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Georgia.","Bank of New York Mellon","4","Vanguard","Yes","No","Yes. Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

","

","Yes","Yes","25","Yes","1","Yes","The current account maintenance fee is $27 per year payable at $6.75 per quarter.","No","","Yes","$5.00 per month","Yes","0","The current account maintenance fee is $27 per year payable at $6.75 per quarter.","$0","$5.00 per month","

Hawai’i State Legislature enacted chapter 256B, Hawai’i Revised Statutes, to allow for the establishment of the Hawai’i ABLE Savings Program.

Where can I find the ABLE Plan’s investment performance information?

The plan’s investment performance can be found here: https://georgiastable.com/historical-performance

","

Does your plan allow for proper account titling for a representative payee?

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

",-nl-"Hawaii","/state-review/hawaii/","Hawaii ABLE Savings Program (click to open an account) Phone number: 1-844-394-2253","http://www.hawaiiablesavings.com/","Open for Enrollment","Vestwell","400,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","BNY Mellon","4","Vanguard and DFA","Yes","No","Yes. 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

","

Required by Federal Law: Executive Officers (15ILCS 505/) State Treasurer Act

","Yes","Yes","25","Yes","10","Yes","$35 per year.","No","","Yes","$1.25 per month.","Yes","0","$35 per year.","$2.50 per check","$1.25 per month","","0","No fee for electronic statements. $10 annually for mailed paper statements.","$0","$0","

Where can I find the ABLE Plan’s investment performance information? https://www.hawaiiablesavings.com/historical-performance

","

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

",-nl-"Idaho","/state-review/idaho/","","","Not Active","","0","","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","","","","","","Yes. ","","","","","","","","","","","","","","","","","","","","","","","","","","","","

Idaho Statute §56-708

",-nl-"Illinois","/state-review/illinois/","Illinois ABLE (click to open an account) Phone: 1 (888) 609-8683","https://savewithable.com/il/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","500,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Federal law gives state Medicaid agencies authority to recover certain benefits from a Medicaid beneficiary’s estate. Check with a benefits specialist about an Account Owner’s specific circumstances.","Yes","Illinois taxpayers can deduct $10K if filling as individual and $20K if filing jointly. This deduction only applies to contributions made to IL ABLE accounts. Consult with a tax preparer to discuss your tax matters.","

","

","Yes","Yes","25","Yes","25","Yes"," The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

Legislative Summary SB 11

","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","$0","$0","

Where can I find the ABLE Plan’s investment performance information? Please See the Plan Disclosure Documents

Beginning with the 2023/24 school year, IL ABLE information will be shared by Illinois schools with Illinois families at their students’ annual Individualized Education Program (IEP) meetings.

","",-nl-"Indiana","/state-review/indiana/","INvestABLE Indiana (click to open an account) Phone: 1 (888) 609-3457","https://savewithable.com/in/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","450,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions made by check, recurring contribution, or EFT to the Checking Account Option will be available for withdrawal after six business days. Contributions to the Target Risk Investment Options made by check, recurring contribution, or EFT will be available for withdrawal after 5 business days. There will be a hold of 10 business days on withdrawal requests when there is a change of address.","Indiana state Medicaid will not recapture funds from an Indiana ABLE account unless required by federal law.","Yes","Indiana taxpayers can deduct up to $4,028 per account in contributions from their adjusted gross income for 2024. This deduction only applies to contributions made to IAble Accounts. Consult with a tax preparer to discuss your tax matters.","

Legislative Summary SB 184

Legislative Summary HB 1407

","

Please see the Plan Disclosure Please See ABLE Plan Disclosure Documents

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","Checkbooks containing 40 checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

Iowa Able Savings Plan Trust, Iowa Code 12I

","0","The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements. The $2.00 monthly fee for the checking account option will be waived with an average daily balance of greater than $250, or if enrolled in electronic statement delivery.","$0","$0","

Where can I find the ABLE Plan’s investment performance information? Please See ABLE Plan Disclosure Documents

","",-nl-"Iowa","/state-review/iowa/","IAble (click to open an account) Phone: 1 (888) 609-8910","https://www.iable.gov/","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","420,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Iowa state Medicaid is not permitted to recover certain benefits from an IAble account, unless required by federal law.","Yes","Iowa taxpayers can deduct up to $3,785 per account in contributions from their adjusted gross income for 2024. This deduction only applies to contributions made to IA ABLE accounts. Consult with a Tax Preparer to discuss your tax matters.","

","

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","Checkbooks containing 40 checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the account.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","$0","$0","

Where can I find the ABLE Plan’s investment performance information?Please See ABLE Plan Disclosure Documents

","",-nl-"Kansas","/state-review/kansas/","Kansas ABLE Savings Plan (click to open an account) Phone: 1 (888) 609-8919","https://savewithable.com/ks/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","475,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Upon the death of the Account Owner, Kansas Medicaid will not attach the assets in the account unless required by the federal law. Currently section 1917(b) of the federal social security act, 42 U.S.C. §1396p(b), requires states to recover assets when the account owner was over 55 years of age and used Medicaid for nursing home or in-home nursing care benefits. Kansas Medicaid will not seek to recover Medicaid funds, unless required by federal law.","Yes","Kansas taxpayers can take an annual deduction of up $3,000 for individual filers/$6,000 if married filing jointly, for each designated beneficiary. This deduction applies to contributions made to any ABLE account or 529 education savings plan. Consult with a Tax Preparer to discuss your tax matters.","

","

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Kansas.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Kansas.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

Please See ABLE Plan Disclosure Documents

","0","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Kansas.","$0","0","

","",-nl-"Kentucky","/state-review/kentucky/","STABLE Kentucky (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://www.stablekentucky.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Bank of New York Mellon","4"," Vanguard","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","STABLE Kentucky accounts are not subject to 529A claims against the beneficiary of a STABLE Kentucky account for total medical assistance paid after the establishment of an account by the Kentucky Department of Medicaid Services. However, the Kentucky Department of Medicaid may recover payments from the estate of Medicaid beneficiaries as required by Section 1917(b) of the Social Security Act and Kentucky Medicaid estate recovery rules. Those impacted will be the estates of those age 55 or older and who have received Nursing Facility Services, Intermediate Care Facility for Individuals with Intellectual Disabilities, Home and Community Based Services, Supports for Community Living, Michelle P. Waiver, Acquired Brain Injury, Acquired Brain Injury Long Term Care Waiver; or A person who has received Nursing Facility Services or Intermediate Care Facility for Individuals with Intellectual Disabilities for 6 months.","No","","

Kentucky Revised Statutes § 205.200 establishes the rules for STABLE Kentucky

","

HOUSE BILL NO. 598 ACT NO. 411
HOUSE BILL NO. 833 ACT NO. 93

The plan’s investment performance can be found here: https://stablekentucky.com/historical-performance

","

Does your plan allow for proper account titling for a representative payee?

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

",-nl-"Louisiana","/state-review/louisiana/","Louisiana ABLE Account Program (click to open an account) Phone: 1-800-259-5626 Ext #2","https://www.able.osfa.la.gov/","Open for Enrollment","Louisiana Office of Student Financial Assistance (LAOSFA) and Louisiana Tuition Trust Authority (LATTA)","500,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Louisiana.","Chase Bank","9","Vanguard Inc: “ABLE accounts will be subject to investment risks, including loss of the principal amount invested.” ","No","No","Yes. 3 business day float on non-guaranteed funds.","Any funds remaining in the account after all Qualified Disability Expenses have been paid are subject to a legal claim by the state in an amount up to “the amount equal to the total medical assistance paid for the designated beneficiary after the establishment of the account, net of any premiums paid from the account or paid by or on behalf of the beneficiary to a Medicaid BuyIn program under any State Medicaid plan established under title XIX of the Social Security Act, shall be distributed to such State upon filing of a claim for payment by such State.” (Internal Revenue Code Section 529a.)","No","","

HOUSE BILL 598 Legislative Summary

HOUSE BILL 833 Legislative Summary

","

Account Disclosure Document

","No","Yes","10","Yes","10","No","","Yes","Yes, the account may have two disbursements per month of at least $200 each.","No","","Yes","0","$0","$0","$0","

Investment Performance: https://www.able.osfa.la.gov/Common/Docs/ABLE_Investment_Performance_Report.pdf

","0","$0","$0","$0","

LA does not charge administrative fees to the owners. They only incur the basis point fees from Vanguard.

Does your plan allow for different Levels of Control for an account owner who does not have a guardian or conservator for managing spending and investments from the ABLE account? No

","

The ABLE Act was passed on 5/16/14 as Act 93 (HB 833), prior to the federal passage of the ABLE Act in December 2014. HB 598 was signed into law as Act 411 on 7/1/15 to amend Act 93.

",-nl-"Maine","/state-review/maine/","ABLE ME (click to open an account) Phone number: 1.877.226.4671","https://www.bangor.com/personal-banking/checking/able-home/","Open for Enrollment","Maine State Treasurer","500,000","No","$18,000 currently (This limit is a Federal limit that applies to all 529(A) Programs and is subject to change. It does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Maine.","Bangor Savings Bank","0","Not Applicable, the only deposit instrument is a transactional checking account.","Yes","No","Yes. Ability to withdraw funds that have been deposited into a Maine ABLE Benefit CheckingSM Account are determined by the Funds Availability Disclosure section of the Important Information About Your Account Booklet.","The State of Maine, or any agency or instrumentality of the State, may not seek payment under the federal Internal Revenue Code, 26 United States Code, Section 529A from an account, or its proceeds, that is established under a qualified ABLE program for MaineCare benefits provided to a designated beneficiary, unless otherwise required by 14 the United States Social Security Act, 42 United States Code, Section 1396p(b). ","No","","

LD 1881

and LD 1637

","

Maine ABLE Informational Booklet

","Yes","Yes","25","No","","No","","No","","Yes","$0","Yes","0","$0","Varies based on design","$0","

Please See Common Fee Schedule

","0","$0","$0","$0","

","",-nl-"Maryland","/state-review/maryland/","Maryland ABLE (click to open an account) Phone: 1. 855.563.2253 ","https://www.marylandable.org/","Open for Enrollment to residents of any U.S. state.","Vestwell","500,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","BNY Mellon","4","Vanguard ","Yes","No","Yes. Up to a maximum of 7 business day hold after a contribution has been received and accepted by the Program for funds to be available to withdrawal.","The provisions of Maryland HB 782/SB 550 section 18–19C–10.This section reads as follows:18–19C–10. 22:(a) Unless prohibited by federal law, on the death of a designated beneficiary, money and assets in an able account may be transferred to: (1) The estate of the designated beneficiary; or (2) An able account for another eligible individual specified by the designated beneficiary or the estate of the designated beneficiary. (b) Unless required by federal law, an agency or instrumentality of the state may not seek payment under § 529a(f) of the internal revenue code from an able account or its proceeds for any amount of medical assistance paid for the designated beneficiary. Section 2. And be it further enacted, that this act shall take effect June 1, 2018.","Yes","$2,500 of contributions per contributor and $5,000 for joint filers, per ABLE account are deductible in computing Maryland taxable income for Maryland state income tax payers (with a 10 year carry forward of excess contributions).","

","

","Yes","Yes","25","Yes","10","Yes","An annual Account Maintenance Fee of $35 is broken into quarterly installments and deducted from the account at the end of each quarter. The amount billed will be prorated for the calendar quarter during which you open your ABLE Account. Each quarter after that you will be billed $8.75.","No","","Yes","$1.25 per month.","Yes","0","An annual Account Maintenance Fee of $35 billed at the end of each quarter. The amount billed will be prorated for the calendar quarter during which you open your ABLE Account. Each quarter after that you will be billed $8.75.","$2.50 per check","$1.25 a month","

","0","None if requested electronically. $10 annual fee if paper statements and paper tax documents vs. electronic are requested","0","0","

","

Maryland ABLE offers both online and paper enrollment. Account holders can also call and make an appointment to visit our offices for assistance to enroll during normal business hours.

",-nl-"Massachusetts","/state-review/massachusetts/","The Attainable Savings Plan (click to open an account)","https://www.fidelity.com/able/attainable/overview","Open for Enrollment","Fidelity MEFA - https://www.mefa.org/products/attainable/","400,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","NA","8","Fidelity Investments ","Yes","No","Yes. ","If the account owner dies with funds in an ABLE account, those funds must be used (in this order), to pay any outstanding QDE bills including funeral expenses, to provide payback to Medicaid for all Medicaid benefits received, and then to be distributed to the account holders legal beneficiaries.","No","","

Bill H 3753

","

","No","No","","No","0","No","","No","","Yes","","Yes","0","$0","$0","$0","

Michigan ABLE Legislation

","0","$0","$0","$0","","

Nationally, Fidelity Investments has centers where a customer can open an account in person. A person can open an account at an investment center, online and over the phone.

Here is the link to search for Fidelity investment centers nationally.

",-nl-"Michigan","/state-review/michigan/","MiABLE (click to open an account) Phone: (844) 656-7225","https://savewithable.com/mi/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","500,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Upon the death of a beneficiary, funds remaining in an ABLE account can be used by the decedent’s estate to pay for outstanding Qualified Disability Expense, including funeral and burial costs. Funds remaining after these payments will be transferred to the decedent’s estate and may be subject to “claw back” under applicable Medicaid laws and regulations. Michigan Medicaid has never made a claim to ABLE accounts after a beneficiary has passed away.","Yes","Michigan taxpayers can deduct $5,000.00 if filling as individual and $10,000.00 if filing jointly. This deduction only applies to contributions made to MiABLE Accounts. Consult with a Tax Preparer to discuss your tax matters.","

","

See Plan Disclosure Document

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","Yes","No restriction on the number of disbursements, however there is a $20 disbursement fee for checks, $15 fee for Wires, and no fee for ACH.","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank, NA Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery","","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","$0","No transaction fee, fee for disbursements, $20 for check, $15 for Wire, no fee for ACH.","

See ABLE Plan Disclosure Document

","",-nl-"Minnesota","/state-review/minnesota/","Minnesota ABLE Plan (click to open an account) Phone: 1 (888) 609-8872","https://savewithable.com/mn/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","425,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State's Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

","

","Yes","Yes","25","Yes","25","Yes"," The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Minnesota.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

Mississippi Code Section 43-28-1 et. seq.

","0","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Minnesota.","$0","0","

Where can I find the ABLE Plan’s investment performance information? See ABLE Plan Discolsure Documents

","",-nl-"Mississippi","/state-review/mississippi/","Mississippi ABLE Program (click to open an account) Phone: 1 (888) 609-3469","https://savewithable.com/ms/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","235,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery","Upon the death of a beneficiary, funds remaining in an ABLE account can be used by the decedent’s estate to pay for outstanding Qualified Disability Expense, including funeral and burial costs. Funds remaining subsequent to these payments will be transferred to the decedent’s estate and may be subject to “clawback” under applicable Medicaid laws and regulations.","Yes","Deduction up to the total amount contributed to a Mississippi ABLE account. Consult with a Tax Preparer to discuss your tax matters. Yes. Deduction up to the total amount contributed to a Mississippi ABLE account. Consult with a Tax Preparer to discuss your tax matters.","

","

","Yes","Yes","25","Yes","25","Yes"," The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Mississippi.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee of $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00 for E-delivery. The Plan may reduce this fee by an additional $5.00 per year ($1.25 per quarter) if the Account Owner or Authorized Individual is a resident of Mississippi.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery","

Missouri Revised Statutes §§ 209.605-209.645 establishes the rules for MO ABLE

Where can I find the ABLE Plan’s investment performance information? See ABLE Plan Discloure Documents

","",-nl-"Missouri","/state-review/missouri/","MO ABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://www.moable.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Missouri.","Bank of New York Mellon","4","Vanguard Group","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","Yes","Missouri offers an annual state income tax deduction of up to $8,000 for single filers and $16,000 for joint filers ","

","

SB 399 Legislative Summary

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://moable.com/historical-performance

","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

",-nl-"Montana","/state-review/montana/","Montana ABLE (click to open an account) Phone: 1 (888) 609-3461","https://savewithable.com/mt/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","396,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Please note that following the death of the account owner, the state Medicaid plan may file a claim against the Account Owner or the Account itself for medical assistance paid under the state's Medicaid plan after the establishment of the account.","Yes","Montana taxpayers can deduct $3,000 per tax year for contributions to their own account, spouse, or their child. This deduction only applies to contributions made to MT ABLE accounts. Consult with a Tax Preparer to discuss your tax matters.","

HB288 expanded the family members eligible for a tax deduction for contributions to ABLE accounts, and revised requirements for opening an account.

SB207 provides Montana taxpayers the opportunity to direct deposit their State income tax refund into an ABLE account.

","

","Yes","Yes","25","Yes","25","Yes","The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","

Nebraska State Statute § 77-1401 implements the federal ABLE Act in Nebraska

","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","$0","$0 ","

Where can I find the ABLE Plan’s investment performance information? Please See ABLE Plan Disclosure Documents

","",-nl-"Nebraska","/state-review/nebraska/","Enable Savings Plan (click to open an account) Phone: 1.844.362.2534","https://www.enablesavings.com/","Open for Enrollment","Nebraska State Treasurer","500,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","BNY Mellon","5","Vanguard","Yes","No","Yes. 5-6 business days after contribution and 10 business days for change of address or account holder.","Centers for Medicare and Medicaid Services of the United States Department of Health and Human Services, the State of Nebraska will not file a claim for payment or seek recovery of any amount remaining in the designated beneficiary’s account for any amount of medical assistance received by the designated beneficiary or his or her spouse or dependent under the medical assistance program pursuant to the Medical Assistance Act after the establishment of the account. ","Yes"," $10,000; ($5000 if married, filing separately) of contributions are deductible for Nebraska individual income tax purposes. ","

Medicaid Recapture Policy

","

","Yes","Yes","50","Yes","25","Yes","The current account Maintenance fee is $45 annually, payable at $11.25 per quarter.","No","","Yes","none","Yes","0","The current account Maintenance fee is $45 annually, payable at $11.25 per quarter.","$6.00 for a starter box of checks.","$0","

Senate Bill No. 419 (2015) – Committee on Health and Human Services

","0","The quarterly statements are included in the annual fee. There is no addition fee for those. For the checking option statements, $2.00 per month, unless set up for electronic statement or maintain an average monthly balance Checking Investment Option of $250. ","There is no charge to roll over a Nebraska 529 account to an Enable 529a account. If rollover of a Nebraska 529 account goes to another state, then there is a state income tax recapture to the extent previously deducted by the account owner.","$2 monthly fee is associated with utilizing the debit card option. However, the fee can be waived with an average daily balance over $250. ","

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? Yes.

Where can I find the ABLE Plan’s investment performance information? https://ne.enablesavings.com/neabletpl/fund/pricePerformance.cs

Description of plan’s Recertification of ABLE Eligibility Policy: Please See Plan Disclosure Document

","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner/disabled person, our staff requests a copy of the death certificate as well as probate docs/small estate affidavit listing the executor (of the AO) and a letter of instruction from the executor providing us with the breakdown of the QDEs (ex. final burial expenses and where to send the proceeds). If there are funds left above those final expenses, a check is requested payable to the estate of the account owner/disabled person.

",-nl-"Nevada","/state-review/nevada/","ABLE Nevada (click to open an account) Phone: 1 (888) 627-7503","https://savewithable.com/nv/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","370,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","There is no state income tax for residents of Nevada. ","

Methods and incentives to encourage contributions to a savings trust account:

","

","Yes","Yes","25","Yes","25","Yes"," The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Nevada.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Nevada.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","

Where can I find the ABLE Plan’s investment performance information? Please See ABLE Plan Disclosure Documents

","",-nl-"New Hampshire","/state-review/new-hampshire/","NH ABLE PLan (click to open an account) Phone: 1-888-609-3263 from 8am-5pm ET","https://savewithable.com/nh/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","596,925","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of New Hampshire.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","To the extent provided in subsection 26 U.S.C. §529A(f) upon the death of the Account Owner, the State of New Hampshire shall have a claim for payment from the Account Owner in an amount equal to the total medical assistance paid for the Account Owner after the establishment of the account. Any remaining funds in the Account Owner’s Account shall be distributed as provided in the Plan Disclosure Booklet, including without limitation to a Successor Account Owner, or distributed to the Account Owner’s estate if no other designation is made.","No","There is no state income tax for residents of New Hampshire. ","","

","Yes","Yes","25","Yes","1","Yes","Each Account is charged an Annual Account Maintenance Fee of $58.00, which is assessed and withdrawn from the Account on a quarterly basis. The amount withdrawn from the Account each quarter is $14.50. If Electronic Delivery is established, the Annual Account Maintenance Fee charged to the Account will be reduced to $33.00. The amount withdrawn from the Account each quarter will be $8.25.","No","","Yes","$5.00 per month","Yes","0","Each Account is charged an Annual Account Maintenance Fee of $58.00, which is assessed and withdrawn from the Account on a quarterly basis. The amount withdrawn from the Account each quarter is $14.50. If Electronic Delivery is established, the Annual Account Maintenance Fee charged to the Account will be reduced to $33.00. The amount withdrawn from the Account each quarter will be $8.25.","$0","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","

","0","Each Account is charged an Annual Account Maintenance Fee of $58.00, which is assessed and withdrawn from the Account on a quarterly basis. The amount withdrawn from the Account each quarter is $14.50. If Electronic Delivery is established, the Annual Account Maintenance Fee charged to the Account will be reduced to $33.00. The amount withdrawn from the Account each quarter will be $8.25.","There is no fee for rolling over an account, however, based on when the account is terminated, the account owner may be assessed a portion of the maintenance fee.","$0","

Where can I find the ABLE Plan’s investment performance information?

New Jersey ABLE Legislation

","",-nl-"New Jersey","/state-review/new-jersey/","NJ ABLE (click to open an account) Phone: 1 (888) 609-8869","https://savewithable.com/nj/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","305,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

","

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","https://cdn.unite529.com/jcdn/files/UABLE/pdfs/nj-programdescription.pdf","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery","","0","https://cdn.unite529.com/jcdn/files/UABLE/pdfs/nj-programdescription.pdf","$0","0","

Where can I find the ABLE Plan’s investment performance information? Please See Plan Disclosure Documents

","",-nl-"New Mexico","/state-review/new-mexico/","ABLE New Mexico (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://ablenewmexico.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of New Mexico.","Bank of New York Mellon","4","Vanguard ","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

","

Legislative Summary SB 4472

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://ablenewmexico.com/historical-performance

","

New Mexico HB61 established the rules for ABLE New Mexico.

",-nl-"New York","/state-review/new-york/","NY ABLE (click to open an account) Phone: 855.569.2253","https://www.mynyable.org/","Open for Enrollment","Ascensus Broker Dealer Services, LLC","520,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank, NA","5","Vanguard","Yes","No","Yes. New contributions will not be available for withdrawal for five business days. Contributions into the Checking Option will not be available for withdrawal for six business days. There will be a hold of 10 business days on withdrawal requests following a change to your address and a hold of 15 calendar days on withdrawal requests following a change to your banking information.","Under Section 529A of the Code, following the death of the Account Owner, any state may file a claim against the Account Owner or the Account itself for the amount of the total medical assistance paid to or for the Account Owner under the state’s Medicaid plan after the Account (or any ABLE account from which amounts were rolled over or transferred to the current Account) was opened. ","No","","

SB 4472; S 6397

","

","Yes","Yes","25","No","0","Yes","If you elect electronic delivery notification for statements and confirmations, your Quarterly Account Maintenance Fee will be $11.25. If you elect paper delivery for statements and confirmations, your Quarterly Account Maintenance Fee will be $13.75. ","No","","Yes","$2 Checking Option Fee- Waived if enrolled in E-delivery or have a balance greater than $250 in the checking option.","Yes","0","Account maintenance fee is $55 annually or $45 annually if the individual chooses electronic statements. This fee will be taken out of the individual's account on a quarterly basis in the amount of $11.25 or $13.75.","$6/order ","$2 Checking Option Fee- Waived if enrolled in E-delivery or have a balance greater than $250 in the checking option","

HB 556 Legislative Summary

","0","Account maintenance fee is $55 annually or $45 annually if the individual chooses electronic statements. This fee will be taken out of the individual's account on a quarterly basis in the amount of $11.25 or $13.75.","$0","No- other than fees subeject to use of the debit card if in network vs out of network.","

NY ABLE offers materials in Spanish, including program disclsoure booklet, website, and enrollment form.

Where can I find the ABLE Plan’s investment performance information? https://www.mynyable.org/nyabletpl/fund/pricePerformance.cs

","

ATM fee: $2.00 for each transaction outside of network.

",-nl-"North Carolina","/state-review/north-carolina/","NC ABLE (click to open an account) Phone: 1-888-627-7503","https://savewithable.com/nc/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","540,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","To the extent provided in subsection 26 U.S.C. §529A(f) upon the death of the Account Owner, the Member State shall have a claim for payment from the Account Owner in an amount equal to the total medical assistance paid for the Account Owner after the establishment of the account. The Member State may file its claim for repayment from the account with the State Treasurer within 60 days of receiving notice from the State Treasurer of the death of the Account Owner. Any remaining funds in the Account Owner's Account shall be distributed as provided in the Plan Disclosure Documents or distributed to the Account Owner's estate if no other designation is made.","No","","

","

Ohio House Bill 155 implements the federal ABLE Act in Ohio

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E-delivery of statements and confirmations for in-state and out-of-state Account Owners.","$0","$0","

Where can I find the ABLE Plans’s investment performance information? Please see the Plan Disclosure Documents

","",-nl-"North Dakota","/state-review/north-dakota/","ABLE Plan for North Dakota (click to open an account)","https://bnd.nd.gov/able/","Signed into law - see website for information on how to select an ABLE plan in another state.","Bank of North Dakota","","","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","","","","","","Yes. ","","No","","","","","","","","","","","","","","","","0","","","","","","","","","","",-nl-"Ohio","/state-review/ohio/","STABLE Account (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://www.stableaccount.com/","Open for Enrollment","Vestwell State Savings","541,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Bank of New York Mellon","4","Vanguard ","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","Yes","$4,000 of contributions are deductible for Ohio individual income tax purposes (with unlimited carry forward)","

","

","Yes","Yes","25","Yes","1","Yes","The current account maintenance fee is $15 per year payable at $3.75 per quarter for Ohio Account Owners and $27 per year payable at $6.75 per quarter for non-Ohio account owners.","No","","Yes","There is no monthly fee for residents of Ohio, Oklahoma, Utah, Vermont and West Virginia. All other states' residents will have a $5 monthly fee once the card is activated.","Yes","0","The current account maintenance fee is $15 per year payable at $3.75 per quarter for Ohio Account Owners and $27 per year payable at $6.75 per quarter for non-Ohio account owners.","0","There is no monthly fee for residents of Ohio, Oklahoma, Utah, Vermont and West Virginia. All other states' residents will have a $5 monthly fee once the card is activated.","

Oklahoma HB 2821 establishes the rules for Oklahoma STABLE

Where can I find the ABLE Plan’s investment performance information?

The plan’s investment performance can be found here: https://stableaccount.com/historical-performance

","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, the state Medicaid recovery office is notified of the death and opportunity to recover. If there are funds left after Medicaid recovery or due to no recovery request, a check is made payable to the estate of the account owner.

",-nl-"Oklahoma","/state-review/oklahoma/","Oklahoma STABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://okstable.org/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Oklahoma.","Bank of New York Mellon","4","Vanguard ","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

","

Oregon Senate Bill 777 implemented the federal ABLE Act in Oregon.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://okstable.org/historical-performance

","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

",-nl-"Oregon – ABLE for All Savings Plan","/state-review/oregon-able-for-all-savings-plan/","Oregon - ABLE for ALL Savings Plan (click to open an account) Phone number: 1-844-999-2253","https://ableforall.com/about","Open for Enrollment","Vestwell","400,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","BNY Mellon","4","Vanguard ","Yes","No","Yes. 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account. Medicaid recovery can only take place after funds are transfered to the account owner's estate. ","No","There is no tax credit or deduction for non-Oregonians.","

","

","Yes","Yes","25","Yes","5","Yes","$35.00 per year.","No","","Yes","$1.25 a month.","Yes","0","$35","$2.50 per check.","$1.25","

Oregon Senate Bill 777 implemented the Federal ABLE Act in Oregon

","0","No fee for electronic statements. $10 annually for mailed paper statements.","$0","No","

Where can I find the ABLE Plan’s investment performance information? https://ableforall.com/historical-performance

","

Minimum Deposit: Any deposits must be more than $5. There is no minimum number of contributions that someone has to make.

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

",-nl-"Oregon – ABLE Savings Plan","/state-review/oregon/","Oregon ABLE Savings Plan (click to open an account) Phone number: 1-844-999-2253","https://www.sumday.com/register/oregon-able","Open for Enrollment","Vestwell","400,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Oregon.","BNY Mellon","4","Vanguard","Yes","No","Yes. 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account. Medicaid recovery can only take place after funds are transfered to the account owner's estate. ","Yes","Anyone filing an Oregon income tax return who contributes to an Oregon ABLE Savings Plan can receive up to a $340 tax credit. It is a progressive income tax credit, meaning it has more of an impact for low- to moderate-income savers. For more information, go to https://www.oregonablesavings.com/faqs/2020/1/23/what-is-the-oregon-income-tax-credit","

Oregon ABLE Tax Credit

","

","Yes","Yes","25","Yes","5","Yes","$35 a year.","No","","Yes","$1.25 per month","Yes","0","$35 a year.","$2.50 per check","$1.25 per month","

Pennsylvania State ABLE Legislation

","0","No fee for electronic statements. $10 annually for mailed paper statements.","$0","No fee for withdrawals","

Where can I find the ABLE Plan’s investment performance information? https://www.oregonablesavings.com/historical-performance

","

Minimum Deposit Amount: Yes, any deposits must be more than $5. There is no minimum number of contributions that someone has to make.

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

",-nl-"Pennsylvania","/state-review/pennsylvania/","PA ABLE Savings Program (click to open an account) Phone: 1 (855) 529-2253","http://www.paable.gov/","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","511,758","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","PA state Medicaid is not permitted to recover certain benefits from a PA ABLE Account, unless required by federal law.","Yes","Pennsylvania taxpayers can deduct $18K if filling as individual and $36K if filing jointly. This deduction only applies to contributions made to PA ABLE Accounts. Consult with a Tax Preparer to discuss your tax matters.","

","

HB 5564 Legislative Summary

","Yes","Yes","25","Yes","25","Yes","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank checking account option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for accounts with an average daily balance of greater than $250, or if enrolled in electronic statement delivery. ","","0","The Annual Account Maintenance Fee is $58.00, reduced to $33.00 for E- delivery of statements and confirmations for in-state and out-of-state Account Owners.","$0","$0","

Where can I find the ABLE Plan’s investment performance information? Please see the Plan Disclosure Documents

","

",-nl-"Rhode Island","/state-review/rhode-island/","RI's ABLE (click to open an account) Phone: 1 (888) 609-8915","https://savewithable.com/ri/home.html","Open for Enrollment","Ascensus College Savings Recordkeeping Services, LLC","395,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","Fifth Third Bank","7","The Investment Options include 6 Target Risk Options with Underlying Investments managed by BlackRock, Schwab, Vanguard, Capital Group-American Funds, and Sallie Mae Bank. Fifth Third Bank provides the 7th Investment Option, a Checking Account Option, that invests 100% of its assets in an FDIC-insured checking account. ","Yes","No","Yes. Contributions to the Target Risk Options will be held for 5 or 6 business days before becoming available for withdrawal and contributions to the Checking Account Option will be held for 6 or 7 business days before becoming available for withdrawal. ","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

SB 465 Legislative Summary

","

","Yes","Yes","25","Yes","25","Yes"," The quarterly account maintenance fee of $15.00 for paper statement delivery ($60 annually) is reduced to $11.25 quarterly ($45 annually) for accounts that receive electronic statements.","No","","Yes","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance of greater than $250, or if enrolled in E-delivery","Yes","0","The Annual Account Maintenance fee is $58.00 If Electronic Delivery is selected, the Annual Account Maintenance Fee is reduced to $33.00.. The Plan may reduce this fee by an additional $5.00 per year if the Account Owner or Authorized Individual is a resident of Rhode Island.","Checks may be purchased for $6.00 per checkbook. Once the checking account balance reaches at least $25.00, payment for checkbooks may be made from funds in the Account.","A Fifth Third Bank Checking Account Option is available with a real-time debit card and no overdraft fees. The $2.00 monthly fee will be waived for Accounts with an average daily balance greater than $250, or if enrolled in E-delivery","

South Carolina HB3768 established the Palmetto ABLE Savings Program

Where can I find the ABLE Plan’s investment performance information? Please see the Plan Disclosure Documents

","",-nl-"South Carolina","/state-review/south-carolina/","Palmetto ABLE Savings Program (South Carolina) (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://www.palmettoable.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of South Carolina.","Bank of New York Mellon","4","Vanguard ","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","Yes","100% of contributions to a Palmetto ABLE Savings Program account may be deducted from SC state income tax","

","

Achieving a Better Life Experience (ABLE) Act

Where can I find the ABLE Plan’s investment performance information?

The plan’s investment performance can be found here: https://palmettoable.com/historical-performance

","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

",-nl-"South Dakota","/state-review/south-dakota/","","https://sdic.sd.gov/other/ABLE.aspx","NA","","350,000","","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","","","","","","Yes. ","","No","There is no state income tax for residents of South Dakota. ","

HB 1224

","","","","","","","","","","","","","","0","","","","","","","","","","

HB 1224 was signed into law on 3/11/2016. The bill:

Excludes contributions to an account in a qualified ABLE savings program, earnings on the contributions or distributions from the account for qualified disability expenses from consideration when determining eligibility for state benefit programs.
Authorizes the Investment Council to provide information about ABLE savings programs to residents of South Dakota.

",-nl-"Tennessee","/state-review/tennessee/","ABLE TN (click to open an account) Phone: 855.922.5386 ","https://able.treasury.tn.gov/","Open for Enrollment","State of Tennessee Department of Treasury","350,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Tennessee.","NA","15","Vanguard; PrimeCap, DoubleLine; Western Asset Management","No","No","Yes. Each Contribution will be subject to a ten (10) calendar day hold before the monies are eligible for Withdrawal. Additionally, there will be a hold of eight (8) Business Days on Withdrawal requests when there is a change to the Account Owner’s address and a hold of ten (10) calendar days on Withdrawal requests following a change to the Account’s banking information.","Public Chapter 44, signed into law on March 14, 2023, prohibits the State of Tennessee Medicaid program from filing a claim or seeking recovery from an ABLE TN account. For all other states, within thirty (30) days upon the death of an Account Owner, and after all outstanding payments due for Qualified Disability Expenses, all amounts remaining in an ABLE Account, up to an amount equal to the total medical assistance paid for the Account Owner after the establishment of an ABLE Account, net of any premiums paid by or on behalf of the Account Owner to a Medicaid Buy–In program under any state Medicaid plan, may be claimed by the applicable state and, if so claimed, must be distributed by the Program to the claiming state.","No","There is no state income tax for residents of Tennessee. ","

","

Texas Education Code, Chapter 54, Subchapter J

","No","Yes","25","No","","No","","No","","No","","Yes","0","$0","NA","$0","","0","$0","$0","$0","

New Enrollment in ABLE TN is only available to Tennessee residents.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? No

Where can I find the ABLE Plan’s investment performance information? ABLE TN (abletenn.com)

","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Please See Plan Disclosure Documents

",-nl-"Texas","/state-review/texas/","Texas ABLE Program (click to open an account) Phone number: 844.489.2253","https://www.texasable.org/","Open for Enrollment","Orion Advisor Solutions, Inc. ","500,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Texas.","Bank of the West","5","Vanguard, PIMCO, and Eaton Vance","Yes","No","Yes. 10 business days following receipt of contributions by check or ACH if needed to fund withdrawal or following a change of address; 15 business days following change of ALR","Texas Medicaid does recovery of any expenses paid for an ABLE beneficiary while the ABLE account was open, including Texas residents who open ABLE accounts in other states","No","Texas does not have a state income tax.","

","

Please See Program Disclosure Document

","Yes","Yes","50","Yes","25","Yes","$42","Yes","Two free ACH withdrawals per month, $1 for each additional withdrawal. A withdrawal to the debit card is considered an ACH withdrawal. Once funds are on the debit card, no additional withdrawal fees apply.","Yes","$0","Yes","0","$42 per year payable at $3.50 per month. ","Distributions by check can be authorized by the beneficiary or ALR, if any, but the program does not provide checks for use by the beneficiary or ALR","The Program will charge $1.00 for each withdrawal by ACH in excess of two per month from your Texas ABLE account. Making a withdrawal to the Focus Card is considered an ACH withdrawal. ","

","0","$0 if electronic or $10 per year if paper option is selected","$0","$1 fee for each ACH withdrawal in excess of two per month; $5 fee for each withdrawal by check","

Where can I find the ABLE Plan’s investment performance information? https://www.texasable.org/investments/#investment-performance

","

The account owner can establish their own account online or contact customer service for assistance in establishing an account.

Does your plan allow for proper account titling for a representative payee? no

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account beneficiary, a copy of the death certificate is requested. The program allows payment of funeral and burial expenses before Medicaid Recovery. A copy of the benefciary’s will is requested to make sure remaining funds are distributed according to law.

",-nl-"Utah","/state-review/utah/","ABLE Utah Savings Plan (click here to open account) Phone: 1-800-439-1653 from 9am-8pm ET.","https://ableut.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Utah.","Bank of New York Mellon","4","Vanguard","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","Yes"," Individuals may claim a credit for 5 percent of the total qualified contributions they make to a Utah resident’s ABLE Utah account. Contributions must be made during the taxable year and have an itemized statement from the qualified ABLE Utah savings plan. Individuals may not claim credit for an amount of a contribution that is returned to them or an amount already deducted on their federal income tax return.","

SB292 is the legislation that establishes the Achieving a Better Life Experience Program, ABLE Utah Savings Plan

","

","Yes","Yes","25","Yes","1","Yes","The current account maintenance fee is $27 per year payable at $6.75 per quarter.","No","","Yes","$0","Yes","0","The current account maintenance fee is $27 per year payable at $6.75 per quarter.","$0","$0","

V.S.A. §§ 8001-8004 establishes the rules for Vermont ABLE.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://ableut.com/historical-performance

","

Does your plan allow for proper account titling for a representative payee?

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

",-nl-"Vermont","/state-review/vermont/","Vermont ABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://www.vermontable.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Vermont.","Bank of New York Mellon","4","Vanguard ","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

","

Sections 23.1-700 through 23.1-713 of the Code of Virginia, as amended.

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://vermontable.com/historical-performance

","

Optional Additional Information: What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available?

",-nl-"Virginia – ABLEAmerica","/state-review/virginia-2/","ABLEAmerica (click to open an account) Please contact your financial professional.","https://www.able-now.com/ableamerica","Open for Enrollment","Virginia529 selected American Funds Service Company, American Funds Distributors and Capital Research and Management Company to manage ABLEAmerica.","550,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","ABLEAmerica is distributed by American Funds Distributors, Inc. and sold through unaffiliated intermediaries.","7","American Funds","No","Yes","Yes. Please contact your financial advisor.","Unless required by federal law, the Virginia Department of Medical Assistance Services may not pursue Medicaid recovery claims against the ABLEnow or ABLEAmerica accounts of Virginia residents.","Yes","Virginia offers an annual state income tax deduction of up to $2,000 per contributor for contributions to an ABLEnow or ABLEAmerica account. ","

","

","No","Yes","250","Yes","50","Yes","Accounts may incur an initial $10 set-up fee. However, these fees are waived until further notice. ","No","","No","","Yes","0","Accounts may incur an annual $10 account maintenance fee. However, these fees are waived until further notice. ","NA","NA","

Sections 23.1-700 through 23.1-713 of the Code of Virginia, as amended.

","0","Please contact your financial professional.","$0","NA","

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? Please contact your financial professional.

What were the 2021 average investment earnings for each investment product? Fund performance.

Description of plan’s Recertification of ABLE Eligibility Policy. See plan disclosure documents.

","

Does your plan allow for proper account titling for a representative payee? Please contact your financial professional.

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Please contact your financial professional.

",-nl-"Virginia – ABLEnow","/state-review/virginia/","ABLEnow (click to open an account) Phone: 844-669-2253","https://www.able-now.com/","Open for Enrollment","Virginia529","550,000","Yes","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of the continental U.S.; $18,210 for residents of Alaska and $16,770 for residents of Hawaii.","PNC Bank ","5","Vanguard and Fidelity","Yes","No","Yes. Typically, funds are available between one and five business days after the contribution is initiated. The availability of funds for withdrawal will vary depending on the type of contribution.","Unless required by federal law, the Virginia Department of Medical Assistance Services may not pursue Medicaid recovery claims against the ABLEnow or ABLEAmerica accounts of Virginia residents.","Yes","Virginia offers an annual state income tax deduction of up to $2,000 per contributor for contributions to an ABLEnow or ABLEAmerica account. ","

","

Please See Plan Investment Disclosure Documents.

","Yes","No","","No","","Yes","$39 per year, payable at $3.25 per month. The monthly service fee is waived if you maintain an average daily balance of $10,000 in the ABLEnow Deposit Account.","No","","Yes","$0 / There is no additional cost for the ABLEnow Card. ","Yes","0","$39 per year, payable at $3.25 per month. The monthly service fee is waived if you maintain an average daily balance of $10,000 in the ABLEnow Deposit Account.","NA","$0","

","0","No fee for online statements. There is a $1.50 per month fee for customers who request to receive a monthly paper statement by mail.","$0","$0","

What were the 2021 average investment earnings for each investment product? Details on fund performance.

Description of plan’s Recertification of ABLE Eligibility Policy: See plan disclosure documents.

","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? See plan disclosure documents.

Most ABLEnow gift-givers make contributions via a bank transfer (aka electronic funds transfer) or by check. The process is explained to customers here

",-nl-"Washington","/state-review/washington/","Washington State ABLE (click to open an account) Phone number: 1-844-600-2253 ","https://www.washingtonstateable.com/","Open for Enrollment","Vestwell","500,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Washington.","Bank of New York Mellon","4","Vanguard and DFA","Yes","No","Yes. 5 day hold on account owner or Authorized Legal Representative contributions, 10 day hold on third party contributions","Yes, against the estate not the plan.","No","WA has no state income tax therefore no deductions nor credits.","

Washington House Bill 2323 from 2016 session

Senate Bill 6221 from 2018 session

","

See plan disclosure for historical rate of returns.

","Yes","Yes","25","Yes","10","Yes","$35 per year.","No","","Yes","$1.25 per month","Yes","0","$35","$2.50 per check (distribution by check)","$1.25 per month","

","0","No fee for electronic statements. $10 annually for mailed paper statements.","$0","$0","

E-gifting option to set up and run gifting campaigns for the beneficiary.

Does your plan allow for different Levels of Control for who manages spending and investments from the ABLE account? No.

Where can I find the ABLE Plan’s investment performance information? https://www.washingtonstateable.com/historical-performance

","

Does your plan allow for proper account titling for a representative payee? Our ABLE plan allows for representative payees to properly manage the account as Authorized Legal Representative.

WA State Developmental Disabilities Endowment Trust Fund or call toll-free at 888.754.8798 ext. 1

",-nl-"West Virginia","/state-review/west-virginia/","WVABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://wvable.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of West Virginia.","Bank of New York Mellon","4","Vanguard","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","WVABLE accounts are not subject to 529A claims against the beneficiary of a WVABLE account for total medical assistance paid after the establishment of an account by the West Virginia Department of Health and Human Resources. However, the West Virginia Department of Health and Human Resources may recover payments from the estate of Medicaid beneficiaries only as required by Section 1917(b) of the Social Security Act and WV Code §9-5-11c. Those impacted will be the estates, age 55 or older, whose nursing home and/or community-based waiver services were paid by Medicaid. The estate recovery may include the remaining STABLE account funds. For more information on the West Virginia estate recovery process, please go to www.wvrecovery.com.","Yes","West Virginia resident or tax payer may take a state income tax deduction equal to the total contributions to a WVABLE account for the year. Deductions for contributions are allowed for each designated beneficiary and excess deduction may be carried forward for up to five years.","

West Virginia Code | §16-48 (wvlegislature.gov)

","

2015 Senate Bill 21 – 2015 WISCONSIN ACT 55

Where can I find the ABLE Plan’s investment performance information? The plan’s investment performance can be found here: https://stableaccount.com/historical-performance

","

What is your plan’s policy regarding payment of funeral / burial expenses as a qualified disability expense (QDE) prior to account freeze, if available? Upon notification of the death of the account owner, our staff requests a copy of the death certificate. Once received, we inquire if there are outstanding qualified disability or funeral and burial expenses to be paid. If so, payment is made to cover those expenses. If there are funds left above those final expenses, a check is made payable to the estate of the account owner.

",-nl-"Wisconsin","/state-review/wisconsin/","No program – eligible Wisconsin residents may open an account with another state that accepts non-residents into its program.","https://www.revenue.wi.gov/Pages/FAQS/ise-ABLEAccounts.aspx","","NA","0","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Wisconsin.","NA","0","NA","","No",". ","","Yes","Wisconsin has adopted the provision of federal law that allows ABLE accounts to be established in any state, not just in the state of residence of the disabled individual. A Wisconsin subtraction from federal adjusted gross income is allowed for the amount deposited in the taxable year into an ABLE account by an account owner or any other person.","

","","No","","","","","","","","","","","","0","","","","","","","","","

Wisconsin allows a state income tax deduction for contributions to ABLE accounts opened in other states. Find more information on the Wisconsin Department of Revenue website.

","

The cumulative limit for an ABLE account is set by each state’s ABLE program; Wisconsin residents must adhere to the asset limit of the state program in which they open an account.

ABLE was added to the Executive Budget Act of 2015 (SB 21) on 7/12/15.

",-nl-"Wyoming","/state-review/wyoming/","WYABLE (click to open an account) Phone: 1-800-439-1653 from 9am-8pm ET","https://wyable.com/","Open for Enrollment","Vestwell State Savings","541,000","No","$18,000 (This limit is a Federal limit that is required of all states and does not include additional ABLE to Work contributions.)","An Account Owner who is employed and who is not contributing to a defined contribution plan, an annuity contract or an eligible deferred compensation plan may contribute additional money to his or her ABLE Account. The additional amount that may be contributed is an amount equal to the Account Owner’s employment income or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less. This is up to $14,580 for residents of Wyoming.","Bank of New York Mellon","4","Vanguard ","Yes","No","Yes. 1. Contributions received from a Beneficiary or ALR will be subject to a five (5) Business Day holding period before the funds are available for withdrawal. 2. Contributions made as a result of a gift from a third party will be subject to a ten (10) Business Day holding period before the funds are available for withdrawal. 3. A change in mailing address will result in a ten (10) Business Day holding period before physical checks can be requested and mailed to the new address of record. 4. A change in bank account will result in a ten (10) Business Day holding period before Electronic Fund Transfers can be requested and sent to the new linked bank account.","Upon the death of the account owner, the state Medicaid agency shall be a creditor for the total medical assistance paid under the State’s Medicaid program on behalf of the account owner after the establishment of the account, upon filing of a claim for payment by such state.","No","","

Wyoming does not have state specific ABLE legislation.

","