Contribution Form

Covid-19 Stimulus payments

COVID-19 Stimulus payments What is the COVID-19 Stimulus Payment? Can the stimulus payment be deposited in an ABLE account? FAQs about COVID-19 Stimulus Payments Stimulus Payments and How an ABLE Account Can Help

Death of Beneficiary Form

Do I have to pay taxes on my account?

As long as the money in your Maryland ABLE account is used for eligible expenses, it won’t be counted as income for your state or federal taxes.  If a purchase doesn’t qualify as an eligible expense, you’ll have to pay taxes and a 10% penalty on the amount. If you want to know more about the IRS...

Do I use the same login information if I manage multiple ABLE accounts?

Yes. You have one username (email) and password to log in to all of the Maryland ABLE accounts you manage.

Does having an account affect my other benefits?

You can keep your federal and state benefits (SSI, SSDI, Medicaid, SNAP, TANF, HUD Assistance, Section 8, etc.) with an ABLE account. If you receive SSI, there is a $100,000 limit before Social Security benefits are affected.  As long as the money withdrawn is used for eligible expenses, it won’t...

Does the Authorized Legal Representative (ALR) own the account with the beneficiary?

No. No matter who opens the account, the beneficiary owns all of the funds.

Does the Medicaid recapture of funds in an ABLE account as described in the Federal ABLE ACT known as “clawback” apply to Maryland ABLE accounts?

As established by the Federal ABLE Act, funds remaining in the account upon the beneficiary’s death may be used to reimburse the state for Medicaid-related services. The amount of any Medicaid payback is calculated based on amounts paid by Medicaid after the creation of the ABLE Account and...

Eligibility and benefits

Eligibility and benefits See if you qualify for Maryland ABLE 
the quick and easy way Eligibility snapshot Meeting program requirements Any individual who developed a qualifying disability before the age of 26 is eligible for an account. If someone can’t open an account themselves, an Authorized...

Eligibility Screener