ABLEAmerica | American Funds


ABLE accounts help provide financial security for individuals with disabilities by allowing earnings in the account to grow free from federal taxes as long as withdrawals are used for qualified disability expenses. Individuals can invest up to $15,000 per year (for 2018) in the account. If withdrawals are used for purposes other than qualified disability expenses, the earnings will be subject to a 10% federal tax penalty in addition to federal and, if applicable, state income tax.



Who Is Eligible?

ABLE accounts are available to individuals whose disability developed before age 26 and their families. Individuals who meet the age requirement and already receive SSI or SSDI benefits are automatically eligible. Other individuals who obtain a letter from a licensed physician certifying significant disabilities are also eligible.


Who Would Benefit?

Families and individuals with disabilities can use funds in an ABLE account for qualified disability expenses including basic living expenses, housing and health care.



Investment Options

Build portfolios to align with your clients’ needs with six broadly diversified funds of funds designed by a team of experienced portfolio managers:
• American Funds Global Growth PortfolioSM
• American Funds Growth PortfolioSM
• American Funds Growth and Income PortfolioSM
• American Funds Moderate Growth and Income PortfolioSM
• American Funds Conservative Growth and IncomeSM
• American Funds Preservation PortfolioSM

Help clients earn income on cash reserves while preserving capital and maintaining liquidity with American Funds U.S. Government Money Market Fund.


Set up an account

ABLE account application (PDF)


Other resources

Saving for a better life experience (PDF)
Learn how offereing ABLE accounts can strengthen client relationships and build your practice.


Saving now for a better future tomorrow (PDF)

Show your clients how ABLE accounts can help individuals maintain their independence and save for the future.


Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and ABLEAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. ABLEAmerica is distributed by American Funds Distributors, Inc. and sold through unaffiliated intermediaries. 

You could lose money by investing in American Funds U.S. Government Money Market Fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will do so at any time.

Content contained herein is not intended to serve as impartial investment or fiduciary advice. The content has been developed by Capital Group, which receives fees for managing, distributing and/or servicing its investments.