Alabama’s New ABLE Plan

Published on 5/14/2021

I am so excited to announce the launch of Alabama ABLE Savings Plan! This is a new ABLE program, and the only official ABLE program for the state of Alabama. If you currently have an ABLE program, consider transferring to the Alabama ABLE Savings Plan and enjoy these features:

  • Gifting Platform – A gifting platform that will allow the account owner to set up their own gifting page that can be shared with friends and family. Now you can let others know that you have an ABLE savings account, and anyone can contribute to help you with your savings goals.

  • Low annual account maintenance fee of $35.00.

  • Online Account Opening – All accounts have the convenience of being opened online including accounts with an authorized legal representative.

Saving for the future is so important and the Alabama ABLE Savings Plan allows you to do just that without jeopardizing resource-based benefits such as SSI and Medicaid.

For more information or if you are an organization that would like us to present to your members, please visit alabamaable.gov, email us at able@treasury.alabama.gov or call us at 1-833-711-2253 (ABLE).

Anita Kelley
State of Alabama Treasurer’s Office
Savings Director