Texas ABLE® Program Open for Enrollment

Texas ABLE, based on federal and state legislation, provides Texans with disabilities and their families the opportunity to save money for disability-related expenses in a tax-advantaged account without losing their eligibility for certain public benefits such as Supplemental Security Income (SSI), Social Security Disability Insurance (SSDI) and Medicaid. Texas residents who experience the onset of a disability before the age of 26 and meet program eligibility requirements may open a Texas ABLE account.

Texas ABLE Program Highlights

• Save up to $15,000 per year (or even more if exceptions in the Tax Cuts and Jobs Act of 2017 apply). ABLE account funds up to $100,000 are generally disregarded for purposes of determining eligibility to receive government assistance or benefits.
• Withdrawals are tax-free if used to pay for qualified disability expenses, and any earnings on your investments grow tax-free.
• Maintain control of your account, and choose how you want your funds invested.
• Access and monitor your account through our secure online platform.
• Use our online gifting tool and make it easy for others to make contributions to your account, including your friends and family, business entities or even trusts.

Get started today! For program information, visit TexasABLE.org. You can also reach us by email at customerservice@TexasABLE.org or by telephone at 844-489-2253.

Customer service hours are Monday through Friday, 8 a.m. to 5 p.m., CT, excluding holidays.

Other than FDIC insurance for the Bank Savings Account Option, accounts are not insured or guaranteed and could lose money (including the principal invested). 

Before investing in the Program, investors should carefully consider the federal and state tax consequences, possible negative effects on eligibility for federal or state benefits, and possible Medicaid recapture, investment objectives, risks, administrative fees, service and other charges and expenses associated with the Program. The Program Disclosure Statement and Participation Agreement contains this and other information about the Program, and is available at www.TexasABLE.org or by calling 844-4TX-ABLE (844-489-2253). Investors should read the Program Disclosure Statement and Participation Agreement carefully before investing.

Comments or complaints may be forwarded to the following address or by calling the following number: Prepaid Higher Education Tuition Program, Office of the Comptroller of Public Accounts, P.O. Box 13407, Austin, Texas 78711-3407, 512-936-2064.