Choosing Cash v. Investment

The Cash Option deposits 100% of its funds into an FDIC-insured account with The Bank of New York Mellon (the “Bank”).  Be sure to review the Plan Disclosure document for specific risks and be sure to check with an investment professional if you need advice.

You may also choose one of three investment portfolios with different investment strategies: ABLE Conservative, ABLE Moderate or ABLE Aggressive. Each investment option has its own benefits and risks — compare them below: 

ABLE Conservative: 20% Stocks, 80% Bonds

ABLE Conservative

ABLE Conservative seeks to provide current income and some growth by investing in a portfolio of mutual funds that consists of 20% stocks and 80% bonds. Overall, there’s a small amount of risk and limited appreciation potential, designed for a shorter investment period.

ABLE Moderate: 50% Stocks, 50% Bonds

ABLE Moderate

ABLE Moderate seeks to provide a combination of growth and current income by investing in a portfolio of mutual funds that consists of 50% stocks and 50% bonds. Overall, there’s a medium level of risk for a pursuit of investment return, designed for a medium or uncertain time horizon.

ABLE Aggressive: 84% Stocks, 16% Bonds

ABLE Aggressive

ABLE Aggressive provides the potential to grow by investing in a portfolio of mutual funds that consists of 84% stocks and 16% bonds. Overall, there’s a higher level of risk and potential for return (or loss), designed for a longer investment period (10 years or more). 


There’s a low annual fee of $35 for each Maryland ABLE account to keep everything running smoothly. There are also low fees on the underlying mutual funds, which are a part of each of the investment options, and an administrative fee assessed on the overall account assets. These add up to between 0.30% and 0.38% of the account’s balance per year. Additional fees are added when you opt out of electronic statements or request a withdrawal check, instead of doing everything online. You can check them out in our fees FAQ.