ABLE Account
A tax-advantaged savings account for individuals with disabilities that doesn't count against asset limits for SSI, Medicaid, and other federal benefits.
Created by the 2014 ABLE Act, an ABLE account allows people whose disability began before age 26 (rising to age 46 in 2026) to save for qualified disability expenses such as housing, transportation, education, employment training, and assistive technology, without losing eligibility for means-tested benefits. Annual contributions are capped (around $18,000 in 2024), with higher caps for working ABLE owners. State programs administer accounts; you don't have to use your home state's plan.
Many young adults Bridges places into competitive jobs become first-time wage earners. An ABLE account is often the right way to save those earnings without tripping benefit thresholds. We can connect you with resources to set one up.
Learn more at ABLE National Resource Center ↗