ABLE Account Decision Guide Series
Finding the Funds to Save in an ABLE Account
The rollover amount, combined with all other contributions (not including the account owner’s earnings), cannot exceed $18,000 in 2024.
Best Practice: ABLE account owner registers with ABLE plan to save earned income and utilize the ABLE to Work Act feature, maximizing their ability to increase contributions during the calendar year.
Note: Our ABLE Decision Guide Series is designed as an aid to decision making as it relates to establishing and using an ABLE account. This document does not cover every possible issue related to the topic and is not a substitute to more in-depth analysis that may be required in some cases.
