North Dakota

Program Name: ABLE Plan for North Dakota (click to open an account)
Status: Signed into law - see website for information on how to select an ABLE plan in another state.
State Program Manager: Bank of North Dakota
Annual Contribution Limit: 15000
ABLE To Work Act Contribution: 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 Account. The additional amount that may be contributed is an amount equal to the Account Owner’s compensation or equal to the poverty line for a one-person household for the prior calendar year, whichever amount is the less: up to $12,760 for residents of the 48 contiguous states; $15,950 for Alaska; or $14,680 for residents of Hawaii.
Withdrawal Hold Rules: Yes.
State Income Tax Deduction: No.

Program at a Glance