STABLE Kentucky (click to open an account)
Status: Open for Enrollment
State Program Manager: Intuition ABLE Solutions, LLC
State Account Limit: $468,000
Accepts Out Of State Residents: No
Annual Contribution Limit: $15,000
ABLE To Work Act Contribution: $12,140
Number Investment Options: 5
Program Investment Institution(s): Vanguard Group, Inc.: “Except to the extent of the Federal Deposit Insurance Corporation (FDIC) insurance provided for the debit/checking option, ABLE accounts will be subject to investment risks, including loss of the principal amount invested.”
Debit Card Or Prepaid Card: Yes
Withdrawal Hold Rules: Yes
Medicaid Payback Waived: No.
State Income Tax Deduction: No.
FDIC Insured: Yes
Kentucky Revised Statutes § 205.200, KRS 41.415 & KRS 164A.260 establishes the rules for STABLE Kentucky.Account Disclosure Document(s):
Kentucky Revised Statutes § 205.200 establishes the rules for STABLE Kentucky.
Program at a Glance
Is there an initial minimum contribution requirement to open an ABLE account? If so, how much?
Is there an annual set fee to maintain the account? If so, how much?
Yes. $42 annually, payable at $3.50 monthly.
Are there fees or restrictions to the number of disbursement you are allowed? If so, what are they?
Is there a “debit card/purchasing card” available with the program? If so, what is the added cost?
Yes. No added cost
Can I roll over my ABLE account to another ABLE program? If so, what is the fee to do so?
- Fee Range
Annual Maintenance Fee:
Debit Card Fee:
Investment Option Fee Range:
$1.90 - $3.40 on $1,000 investment per year.
$10 annually (print/mail); $0 electronic
ABLE Account Transfer Fee:
Withdrawal Transaction Fee:
- Annual Maintenance Fee: