Millions of people with disabilities may be missing out on this little-known savings tool
Many Americans with disabilities are unaware of a financial resource called an ABLE account that can help them save money. These tax-advantaged accounts allow individuals to save up to $100,000 without losing eligibility for needs-based programs. Experts emphasize the importance of increasing awareness about ABLE accounts to help more people benefit from this savings tool.
- ▪Employment for people with disabilities has been rising in recent years.
- ▪ABLE accounts allow individuals to save up to $100,000 without losing government benefits.
- ▪Only about 2% of employees in the U.S. understand what an ABLE account is.
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| Original publisher | CNBC — Personal Finance |
| Canonical URL | https://www.cnbc.com/2026/05/27/able-accounts-workers-with-disabilities.html |
| Publication time | Wed, 27 May 2026 13:19:25 GMT |
| Retrieval time | 2026-05-27T13:23:00.797Z |
| Last seen | 2026-05-27T13:23:00.797Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | 3HnD2DxPEshf |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
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| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
Employment has been rising over the past few years for a growing group of Americans — people with disabilities.Yet millions of workers are leaving money on the table, experts say, because they are unaware of a key financial resource designed for people with disabilities known as an Achieving a Better Life Experience, or ABLE, account.These tax-advantaged accounts can be opened by an individual who is disabled or their authorized representative — for example, a parent, legal guardian, or agent named in your power of attorney. A child or adult with disabilities can save up to $100,000 in an ABLE account without losing eligibility for needs-based programs, such as Medicaid or Supplemental Security Income.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Personal Finance.
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