Can I open and/or manage more than one ABLE United account?
Each Beneficiary can only have one ABLE account open at a time. If you currently have an ABLE account with another state, it can be rolled over to Florida’s program, ABLE United, by using the ABLE to ABLE Rollover Form.
If you are an Authorized Legal Representative of one or multiple Beneficiaries, you can manage multiple accounts. See how to open additional ABLE United accounts.
How do I add another ABLE United account?
If you’re an Authorized Legal Representative of more than one Beneficiary, you can open an account for a new Beneficiary from the account you currently administer in a few steps. Once you’re signed into ABLE United, look for the “Add an account” link in the upper right corner of the screen, or in the navigation on your mobile device. Click it and follow the steps to create a new account for a new Beneficiary.
Please note, a Beneficiary can only have one ABLE account at a time.
What type of bank accounts can I add?
You can connect a checking or savings account to your ABLE United account. These types of accounts use Automated Clearing House (ACH) payments, which are a fast and efficient way to make electronic payments.
How do I add multiple bank accounts?
Once you’re logged into your ABLE United account, go to the “Settings” tab and find the “Add a new bank” button. Follow the steps to connect a new bank account associated with either the Beneficiary of the ABLE United account or the Authorized Legal Representative. Keep in mind that you won’t be able to withdraw money from an ABLE United account to a newly added bank account for 10 days, so that we can verify the information you gave us.
Can I connect a bank account or multiple bank accounts to an ABLE United account?
Yes, we’ve made it easy by allowing you to securely log in and connect a bank account or multiple bank accounts. To connect, log in to your ABLE United account, go to the “Settings” tab located in the top right and click on the “Add a new bank” tab. Follow the steps by connecting your bank account via Plaid, a third-party application that verifies your account information, or by manually adding your bank account and routing number. If you manually add a bank account, you will need to upload a voided check or statement.
Keep in mind, new bank accounts added manually will have a 10-day withdrawal hold period; however, those added via Plaid will only have a 5-day withdrawal hold period.
Can I make direct deposits into an ABLE United account?
Yes, monthly transfers are a great way to help an ABLE United account grow and reach your yearly goal. Direct deposits, also known as monthly transfers, are automatic contributions that you can set up in just a few steps directly from your account. Look for the “Transfers” tab near the top once you’re signed in and follow the instructions.
Who can open an ABLE United account?
The individual with a disability (“Beneficiary”) must be a Florida resident at the time of application and have a qualifying disability with onset prior to age 26. If the Beneficiary is able and chooses to exercise signature authority over the account, they are also the Administrator.
If the Beneficiary is under 18 or is unable, or chooses not, to exercise signature authority over the account, then “Administrator” refers to an Authorized Legal Representative (“ALR”).
An ALR is a Custodian for the Beneficiary, such as an individual selected by the Beneficiary, or the eligible individual’s agent under a power of attorney, conservator or legal guardian, the spouse, a parent, a sibling, a grandparent, or a representative payee (whether an individual or organization) appointed by the Social Security Administration (SSA), in that order. It is noted that the representative payee is subject to all applicable SSA rules. The ALR may neither have, nor acquire, any beneficial interest in the account during the Beneficiary’s lifetime and must administer the account for the benefit of the Beneficiary. Learn more about the ALR role.
Please note, a Beneficiary can only have one ABLE account at a time.
Can I enroll and manage an ABLE United account with a paper form?
Yes, however the easiest and fastest way to enroll and manage an ABLE United account is online. If you want to use paper forms for enrollment or managing your account, you can find them on the Forms & Publications page.
Can money in an ABLE United account be recovered in a bankruptcy?
No. ABLE United accounts are protected from bankruptcy.
What is Vestwell State Savings, LLC (d/b/a Sumday Administration)?
Vestwell State Savings, LLC (d/b/a Sumday Administration) is the plan manager for ABLE United and provides the online platform for the ABLE United account. For more information, check out the Program Description & Participation Agreement.
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