FAQs
Answers at your fingertips
You can scroll through the FAQs or click on a category below to scroll to that section of the page.
- Benefits
- Contributions
- Eligibility
- General
- Gifting
- How it Works
- Linking Bank Accounts
- Opening an Account
- Prepaid Card
- Qualified Expenses
- Successors and Estates
- Tax Benefits
- How much does it cost to open an account?
- Opening an ABLE account doesn’t cost anything, but you’ll need to make an initial contribution of at least $25 to get it started. There are some fees that help us provide and manage the accounts. Additional fees are added based on how you use the account: $10 per year when you choose to opt out of... Read more
- What are the fees?
- There are some fees to keep the account up and running. There is an annual flat fee will be $35 prorated quarterly and billed directly to your account at the end of each calendar quarter. Plus, there’s an annual administrative fee of 0.30% to 0.38% of the account’s balance and fees for the... Read more
- Can I enroll and manage a Washington State ABLE account with a paper form?
- Yes, however the easiest, fastest way to enroll and manage an ABLE account is online. If you want to use paper forms for enrollment or managing your account, you can find those forms here. Please note that if you choose to receive statements in paper form, there will be a $10 per year fee charged... Read more
- What is a prepaid card?
- A prepaid card is very much like a reloadable gift card. Simply put, you add funds to a prepaid card and then use it to make purchases — either online or in-store. With an ABLE Prepaid Card, you can: Make purchases everywhere Visa debit cards are accepted Add funds from your ABLE account and... Read more
- Is money on the prepaid card counted as an asset for benefits?
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Just like the funds in your ABLE account, the funds on your ABLE Visa® Prepaid Card do not count as assets for state or federal benefits.
- Can an Authorized Legal Representative and beneficiary both have a card?
- If you’re the Authorized Legal Representative for someone, you can order a card for yourself to make purchases for the beneficiary, a card for the beneficiary, or both. Each card has its own balance and spending controls, so you decide how funds will be used. The beneficiary will not have access to... Read more
- How do I sign up for a card?
- In just a few steps you can sign up to receive an ABLE Visa Prepaid Card. After you’ve registered, it takes about 6-8 business days to receive your card in the mail. For any subsequent cards, you may opt to pay for expedited shipping, which takes 2-4 business days. Then, once your card is... Read more
- What is True Link?
- True Link Financial, Inc. is a financial services provider that powers the ABLE Visa® Prepaid Card features and services. An innovator in the investment space, True Link has developed specialized fraud-detection algorithms that prevent common types of fraud and financial abuse. By partnering with... Read more
- How do I load the card?
- The ABLE Visa® Prepaid Card offers a convenient way for beneficiaries and Authorized Legal Representatives (also known as ALRs) to spend funds from their ABLE accounts. Here’s how to fund your ABLE Visa Prepaid Card: Log in to your account at https://www.sumday.com/washington-able/login Once... Read more
- Can I set automatic transfers onto the card?
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Yes, simply fill out and submit this form.