ABLE Account Decision Guide Series

Understanding ABLE Account Savings and Public Benefits

Supplemental Nutrition Assistance Program (SNAP)

Commonly known as “food stamps”.

SNAP and ABLE Assets
→ABLE account balance not counted. See SNAP regulation, 7 CFR 273.8(e)(2)(ii).

SNAP and ABLE Distributions
→Distributions will not count as income. See SNAP regulation, 7 CFR 273.9(c)(1) (excluding gain or benefit not directly payable to household, including certain vendor payments.

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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.