THE NEW YORK TIMES: More Disabled People Can Open Special Savings Accounts. Do You Qualify?
Starting January 2026, ABLE accounts expand eligibility to people who became disabled by age 46 (previously 26), potentially qualifying 6 million more people including 1 million veterans. Accounts allow disabled people to save up to $100,000 without affecting SSI or Medicaid benefits. Annual contribution limit increases to $20,000 in 2026, with ABLE-to-Work feature now permanent. Currently 223,000 accounts hold $2.9 billion. Funds can be used for disability-related expenses tax-free.
