FAQs
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- ALR
- Benefits
- Contributions
- Eligibility
- Fees
- General
- Gifting
- How it Works
- Linking Bank Accounts
- Opening an Account
- Prepaid Card
- Qualified Expenses
- Successors and Estates
- Tax Info
- What are the fees?
- There is an annual fee of $35 to keep the account up and running. There is also an annual administrative fee of 0.30% to 0.34% on the account’s balance and the investment option. Additional fees are added based on how you use the account: $10 per year for paper statements when you choose to opt... Read more
- Does the card fee come out of the money on the card or from what's in the ABLE account?
- Fees for your ABLE Visa® Prepaid Card are deducted from the card’s available balance and not your ABLE account. If the card balance is insufficient to cover the monthly fee, the True Link system will charge the fee at the regular time and True Link will recoup the fee when the next deposit is made... Read more
