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This Issue of our AchievABLE Newsletter - June 2026 Issue contains stories on the following:
Strengthening ABLE
In May 2026, Sens. Jerry Moran (R-Kan.) and Chris Van Hollen (D-Md.) introduced three pieces of legislation to strengthen and improve access to the ABLE program.
The ABLE Tomorrow Act would eliminate the Medicaid clawback, allow certain 529 rollovers and one‑time contributions beyond annual limits, add a two‑month grace period before Supplemental Security Income (SSI) benefits are suspended when balances exceed $100,000, and permit employers to contribute to ABLE accounts in place of defined contribution plans without affecting eligibility.
Another measure would boost ABLE awareness by requiring federal and state agencies to inform eligible individuals across programs such as Social Security, Medicaid, SNAP, VA benefits, and special education, while providing $50 million annually through FY2031 for state and tribal outreach grants.
The ABLE Match Act would create a federal match of up to $2,000 per year for ABLE contributions and fund $5 million annually through 2030 for outreach.
The ABLE Direct Deposit Act would reaffirm that employer and government contributions may be directly deposited into ABLE accounts.
The legislation is co-sponsored by Sens. Thom Tillis (R-N.C.) and Amy Klobuchar (D-Minn.) and endorsed by the National Association of State Treasurers (NAST) and ABLE Savings Plans Network (ASPN) and is supported by National Disability Institute among many other community partners and entities.
Updated Resources and Expanded ABLE Opportunities
We are mid-way through the calendar year, and there is still ample time to invest funds in an ABLE account in 2026 to grow tax-free over time. There are provisions and resources that add increased savings and investment opportunities for individuals who are employed.
Under the ABLE to Work Act, employed account owners may contribute up to $35,650 in 2026; which is 78% more than the standard $20,000 annual limit. The additional amount must be equal to their gross earnings or up to $15,650 of their income, whichever is lower. Employed account owners are eligible for this opportunity if there are no contributions made to an employer-sponsored retirement plan during the calendar year. Higher limits apply for residents of Alaska ($19,550) and Hawaii ($17,990). These added contributions can be made by any person or entity.
The U.S. Department of Labor has updated its online Secure Your Financial Future Toolkit, offering financial information to help workers with disabilities build economic mobility and independence. The toolkit also includes information for legal guardians and representative payees, as well as resources to support conversations about saving, budgeting, and setting financial goals.
These opportunities and resources are available to people who are self-employed as well. More information for people interested in self-employment is available at National Disability Institute’s Small Business HUB.
Upcoming Events
ABLE NRC is proud to be co-presenting an ABLE session at the National Association of State Treasurers (NAST) Treasury and Management Training Symposium June 15-18, 2026, in Oklahoma City. We will share practical tools and strategies to empower account holders to build stronger financial futures.
Register now to join our next webinar on Thursday, June 25, 2026, at 12-1pm ET for a live question and answer session with ABLE experts on topics beyond the basics.
Visit upcoming webinars for links to additional events planned this summer.
- ABLE NRC will join Justice in Aging on Wednesday, July 29, 2026 for an educational webinar about ABLE and the opportunities it provides to increase savings and investment opportunities for people with disabilities.
- ABLE NRC will host a webinar on Thursday, August 13, 2026, at 12-1pm ET about the benefits of investing.
ABLE NRC Resources
Our #ABLEtoSave webinar recordings, transcripts and slides are posted on our website. Visit our resource library and filter by webinars to find:
- April 21 Webinar! Ask the Experts: Your ABLE Questions Answered
- April 7 Webinar! Finding Funds to Maximize Your ABLE Contributions
ABLE by Numbers
As of March 31, 2026, more than 246,000 ABLE accounts have been opened nationwide with over $3.2 billion in assets under management. The average ABLE savings balance is more than $13,200. Thank you to the National Association of State Treasurers (NAST) and the ABLE Savings Plans Network (ASPN) for this data.
Advancing ABLE
TD Bank. TD Bank linked the ABLE National Resource Center in a segment of a March 4, 2026, blog “How to Start Lifelong Financial Planning for a Child with Disabilities”.
Wisconsin. The ABLE National Resource Center is pleased to share that Brittany Thome, formerly Manager of Financial Empowerment at the National Disability Institute (NDI), has accepted a new role as Wisconsin ABLE Program Officer.
Over the years, Brittany has been a valued colleague and partner to ABLE NRC, and we are grateful for her contributions and collaboration. While we will miss working with her at NDI and the ABLE NRC, we are excited to continue our relationship with Brittany in her new capacity supporting the ABLE community.
Please join us in congratulating Brittany on this exciting career opportunity and wishing her continued success in her new role.
State ABLE Plan Updates
California: Register for the “CalABLE and Social Security” webinar on June 24, 2026, at 5:00 pm ET. Closed captions, American Sign Language (ASL) and Spanish interpretation will be provided.
Maryland: Check out Maryland’s ABLE eligibility Screening Tool and in less than a minute, you will know if you are ABLE eligible!
Nebraska: The Enable Savings Plan has increased its balance limit to $550,000.
Pennsylvania: Beginning in July 2026, PA ABLE accounts will transition to an enhanced online platform managed by a new program manager, Vestwell. After June 30, 2026, account owners will not be able to write checks or use the debit card. To promote a seamless transition, (1) Consider planning in advance. If you use ABLE funds to pay monthly expenses, pay for July expenses by June 15th. (2) If unable to pay a bill due to this change, contact your creditors and explain that your account is being transferred, and you expect to be able to make your payment within a month. In July, account holders will see improvements including lower fees, a customizable PA ABLE Visa Prepaid card, more robust investment options, and a platform available in 20 different languages among other changes.
Virginia:ABLEnow has partnered with Wounded Warriors in Action Foundation to help educate Veterans about the benefits of ABLE accounts. The collaboration aims to raise awareness of tax-advantaged savings options available to eligible veterans with disabilities. Through outreach and education, the initiative supports financial empowerment and long-term stability for wounded veterans and their families.