If you decide to invest all or some of the money, there are three investment options to pick from: ABLE Conservative, ABLE Moderate and ABLE Aggressive. We can help educate you on the differences between the three, but we can’t tell you which one to pick. You can learn more about the benefits and differences on the Investment Options page and in the Program Disclosure Booklet.
If you’re the beneficiary of the account, make sure you have this information handy: Your email. Your birthday. Social Security Number or Tax Identification Number. Contact details. Proof of eligibility. If you’re an Authorized Legal Representative, you’ll need your information (email, birthday, SSN or Tax Identification Number, contact details and work status). You’ll also need to know the beneficiary’s eligibility info and provide documentation of a valid Power of Attorney or Legal Guardianship, unless you’re the parent of a beneficiary under the age of 18. If the beneficiary is not eligible for SSI or SSDI benefits, they need a signed Diagnosis Form from a licensed physician. You won’t need to provide it for registration, but the IRS or the ...
An adult beneficiary can open an account for themselves. If a beneficiary is under the age of 18, they must have an Authorized Legal Representative (also known as an ALR) do it for them. An ALR must be able to show a valid Power of Attorney or Legal Guardianship documentation, or be a parent of a beneficiary under the age of 18. Learn more about the role of an ALR.
Once you are ready to enroll, you can set up your account here on line. When opening a Maryland ABLE account, have ready information about the beneficiary, qualifying disability, and how the ABLE account will be funded.
Here are a few ways to get answers. You can contact us online, give us a call Monday through Friday, at 1-855-563-2253 from 9am-5pm ET or 1-844-888-2253 (TTY) from 9am-8pm ET, or you can browse frequently asked questions.