For 2026, the total annual contribution limit per account is $20,000 and the total account principal balance limit is $550,000. You must contribute a minimum of $50 when you first open the Enable Savings Plan. If you set up AIP or payroll deduction at the time of enrollment, the minimum contribution is $25. The minimum contribution amount after you have enrolled (called a “subsequent contribution”) is $25 and the $25 is waived if you have AIP or contribute through payroll deduction. Your account must have a minimum balance of $50 at all times. Pre-scheduling contributions is a great way to set up a deposit and not worry about having to remember to make your future contribution.
If you’d like to open an Enable Savings Plan, but do not have the initial $50 to open the account, you may apply for the $50 to be donated through the Give to Enable Support Program. Click here to apply today: Give to Enable Support Program Application.
Any person can contribute by check, electronic funds transfer from a bank account, or directly from a paycheck by using the Enable gifting options, such as U-Gift or Give to Enable Support Program’s Member’s Page.
Total contributions into your account, regardless of who or how many made the contributions, cannot exceed $20,000 per calendar year, unless the Account Owner participates in the ABLE to Work program.
Funds from a Nebraska 529 College Savings Plan account to an Enable Savings Plan account are not subject to adverse state tax consequences. However, if assets are rolled over from a Nebraska 529 College Savings Plan account to any other state’s ABLE account, the earnings portion of the rollover will be subject to Nebraska state income tax. In addition, the rollover will be subject to recapture of the Nebraska tax deduction to the extent previously deducted by the account owner.
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