FAQ's

An Enable Account Owner can save up to $100,000 in an Enable Account before it could impact Social Security benefits. Any balance over $100,000 in the Enable Account would count towards the $2,000 asset limit.

Medicaid, HUD, and SNAP are to disregard any amounts in an Enable Account. Enable is an asset protector, not an income protector. We do not have any effect on income guidelines regarding wages.

You do not have to prove eligibility to establish an Enable Account. However, you should have a record of the doctor's signed diagnosis, a benefits verification letter from the Social Security Administration or other relevant documentation for account verification on file, should we require further verification later.

If you have further questions about eligibility, please click here.

An Authorized Individual can open the Enable Account on the Account Owner’s behalf. Authorized Individuals include power of attorney, conservator or legal guardian, spouse, parent, sibling, or grandparent of the Account Owner, or a representative payee appointed for the Account Owner by the Social Security Administration, in that order of priority. Account Owners who have legal capacity can also choose anyone to manage the Enable Account on their behalf.

For additional details, click here.

You do not have to prove withdrawals are for qualified disability expenses at the time of the withdrawal. Annually, the Enable Savings Plan will report the total amount of your withdrawals to the IRS and the date and amount of each of your withdrawals to the Social Security Administration. In the event that either entity wants to verify the expenses, it’s recommended that you keep detailed records.

Qualified Disability Expenses (QDE) are expenses incurred by the Account Owner that relate to the blindness or disability of the Account Owner and are for the benefit of the Account Owner in maintaining or improving his or her health, independence, or quality of life. Such expenses include, but are not limited to:

• Education (including tuition for preschool through post-secondary schools)
• Housing
• Transportation
• Employment training and support
• Assistive technology and related services
• Personal support services
• Health, prevention and wellness
• Financial management and administrative services
• Legal fees
• Expenses for oversight and monitoring
• Funeral and burial expenses
• Other expenses to enhance the Account Owner’s quality of life

No. You're limited to one ABLE account nationwide (either an Enable Account or an ABLE account in another state), except in the case of a rollover from another qualified ABLE program for a limited time.

In the case of a rollover from one ABLE account to another for the same Account Owner, the ABLE account from which the funds are withdrawn must be closed within 60 days of the withdrawal.

For 2025, the contribution limit is $19,000 per year. No further contributions may be made until the start of the next calendar year. The lifetime Enable Account balance limit is $550,000.

Yes. Enable Account Owners who earn income and are not contributing to an employer-sponsored retirement plan, including a 401(k), a 403(b) or a 457(b) plan, may exceed the annual contribution limit. The additional annual contribution amount allowed is equal to the federal poverty level in the preceding calendar year for a one-person household (in your state of residence) or the Account Owner's gross wages, whichever is less.

Account Owners should keep adequate records to ensure the additional limit is not exceeded. Any contributions in excess of the contribution limit (including the additional contribution allowed for working Account owners) could impact tax obligations; Account Owners should consult a tax advisor before making any increased contribution. If you are eligible, fill out and submit the Able to Work form to participate.

These are contributions of a specific amount made automatically into your Enable Account with the dates and frequency you choose. For example, you can set up recurring contributions of $25 per month on the 5th of each month. This makes the process of contributing and investing very simple.

Absolutely. Anyone can contribute directly to your Enable Account. No matter who contributes, you, the Account Owner or Authorized Individual, retain control over the Enable Account.

Contributions made by anyone in Nebraska can be deducted on the contributor’s Nebraska income taxes, up to $10,000 (or $5,000 if married, filing separately). These deductions can be claimed on the tax form using either the Enable Account number, OR the UGift code that was used to make the contribution.

Ugift is the perfect way for friends and family to contribute.

Ugift® is a feature of your Enable Account that allows friends and family to contribute to your savings in lieu of traditional gifts. It's simple to use - just log in to your Enable Account to find your code and share it with friends and family, who can use it at UgiftABLE.com to contribute directly into your Enable Account. You can also track gifts in the same place you find your UGift code.

Learn more by reading our Ugift ABLE FAQ.

Give to Enable is a crowdfunding page exclusive to Enable. The money raised on Give to Enable deposits directly into the Account Owner’s Enable Account, and therefore will not count as income and will be a protected asset.

For more information about Give to Enable, and to make a crowdfunding account, please visit the Give to Enable website.

Visit our Investments tab to learn more about the investments that we offer along with the performance of the investments. If you have other questions about investments, please meet with a financial advisor.

Twice per calendar year. You can change your investment options for any NEW contributions at any time. Changes can be made online or by completing the Exchange Form.

This automatically moves funds from one investment option to another. You can choose the amount, frequency and date that these investments are moved.

This is a way of making automatic withdrawals, such as when you'd like to use your Enable Account to make payments each month. You can make systematic withdrawals to the bank listed on your Enable Account, by mail to your address, or to a third party.

Upon the passing of the Account Owner:

1. Be sure to pay all qualified expenses.
2. Beginning November 13, 2020, Nebraska Medicaid will not seek to claw back any money left in an Enable Account after the beneficiary passes to pay back Medicaid expenses paid for the beneficiary after the beneficiary’s Enable Account was opened.
3. If the Account Owner resides in a state other than Nebraska, they will need to check with the Medicaid claw back laws in the state they reside.

Options for any remaining assets in the Enable Account:

1. Roll into a family member’s ABLE Account.
2. Roll into a pre-named Successor Account Owner’s ABLE Account. This person must be eligible for an ABLE Account.
3. Have money paid out to a “$5K or less Inheritor” (if balance is equal to or less than $5,000 at time of Account Owner’s death).
4. Pay out to an Estate.

With the exception of option #1, there may be tax implications. Please contact a probate attorney or tax specialist for more details. When an Account Owner passes away, we always require a death certificate to pay out any remaining funds. If the money is not going to one of the three options listed above, we also require an affidavit and a letter of instruction telling us where to send the funds.

If you are a resident of Nebraska, you can get information about affidavits by clicking here.