ABLE Account Contribution Limits (2024)

An annual total of $18,000 can be contributed into the ABLE account by the person with a disability or from:

  • Friends and Family
  • Special Needs / Pooled Trust
  • 529 College Savings Account rollover

In addition, an ABLE Account Owner who resides in the continental U.S. and who works and does NOT participate in an employer sponsored retirement plan – within that calendar year – may contribute up to an additional $14,580 from their earnings into their ABLE account. It is higher for residents of Alaska: $18,210 and Hawaii: $16,770.

Up to $100,000 in savings within an ABLE account is disregarded as a resource and will NOT affect Supplemental Security Income (SSI).

Any amount of ABLE savings up to the plan limit, which can between $235,000 – $596,925 depending on the plan, will NOT affect eligibility for:

  • Social Security and Disability Insurance (SSDI), or
  • Housing Assistance – Housing and Urban Development programs (HUD),
  • Supplemental Nutrition and Assistance Program (SNAP),
  • Free Application for Federal Student Aid (FAFSA),
  • Medicare Parts A, B, C, or D, Medicare Savings Programs, and Extra Help, or
  • Any type of Medicaid benefit including Medicaid waiver services.

Learn more:

Roadmap to ABLE Account Enrollment
ABLE Account FAQs
ABLE Account Decision Guides