ABLE Account Calculator
USASee the annual contribution limit for an ABLE account. ABLE accounts help people with disabilities save without affecting means-tested benefits. RDSP (Canada).
Employed beneficiaries may contribute additional amounts (earnings) above the base limit; limits vary by state.
Eligibility and limits vary by state. Verify with your ABLE program and the IRS.
About this calculator
This calculator shows the base annual contribution limit for an ABLE (Achieving a Better Life Experience) account. ABLE accounts allow people with disabilities (onset before age 26) to save without losing eligibility for SSI, Medicaid, and other means-tested benefits. The IRS sets the base limit each year (tied to the gift tax exclusion); employed beneficiaries may contribute additional amounts from earnings.
How it works
Base limit: The IRS sets an annual contribution limit per beneficiary. It is updated for inflation and is tied to the federal gift tax exclusion. Contributions from anyone (family, friends, the beneficiary) count toward this limit.
Employed beneficiaries: If the beneficiary works and does not participate in an employer retirement plan, they may contribute additional amounts (from earnings) above the base limit. These supplemental limits vary by state (e.g. continental US, Alaska, Hawaii).
ABLE accounts are state-sponsored; eligibility and program details vary. Verify with your state's ABLE program and the IRS. Not tax or financial advice.
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