Program Name: Washington State ABLE (click to open an account)
Status: Open for Enrollment
State Program Manager: Sumday Administration, LLC
State Account Limit: $500,000
Accepts Out Of State Residents: No
Annual Contribution Limit: $15,000
ABLE To Work Act Contribution: 12140
Number Investment Options: 3
Program Investment Institution(s): Vanguard: “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
State Income Tax Deduction: No. There are no income taxes for residents of Washington.
FDIC Insured: Yes.
ABLE Legislation:

Washington House Bill 2323

Account Disclosure Document(s):

Account Disclosure Document

Additional Information:

Fee to roll MI ABLE to another state plan: “$0 within Sumday family of ABLE plans. $50 to other ABLE plans.”

Washington will lien an ABLE account owner’s estate for Medicaid recovery as required by the Social Security Act.

Program at a Glance

  • Is there an initial minimum contribution requirement to open an ABLE account? If so, how much?
    Yes. $25.
  • Is there an annual set fee to maintain the account? If so, how much?
    Yes. 35
  • 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. $1.25 a month
  • Can I roll over my ABLE account to another ABLE program? If so, what is the fee to do so?
    Yes. $50.
  • Fee Range
    • Annual Maintenance Fee:
    • Check Fee:
    • Debit Card Fee:
      $1.25 per month
    • Investment Option Fee Range:
      $3.53 to $3.70 on $1,000 investment per year. See state's ABLE Plan Disclosure Documents and Investment Performance Report for detailed information.

      Account Disclosure Document

    • Statement Fee:
      Free online statements
  • Are there other characteristics unique to your program?

    The Washington State ABLE Program is modeled after Oregon’s ABLE Savings Plan and was created with the support of people with disabilities and those working with the disability community. It partners with Sumday, a program manager that offers a fun, simple and intuitive online platform that helps people manage their ABLE accounts to reach their dreams. The ABLE prepaid card allows people easy access to their money and the ability to track their spending.

Washington State ABLE (click to open an account)
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