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Contributions

Contribution limits

The amount that can be contributed each year depends on whether the account owner is working.

  • If the account owner is not working, up to $20,000 can be contributed each year.
  • If the account owner is working and contributing to a workplace retirement plan (e.g., a defined contribution plan, an annuity contract, an eligible deferred compensation plan), the same $20,000 limit applies.
  • If the account owner is receiving SSI benefits, the total ABLE account balance limit is $100,000.
  • If the account owner is working and not contributing to a workplace retirement plan, they may be able to contribute more than $20,000 per year, equal to or lower than:
    • Their annual gross wages, or
    • The prior year's federal poverty level for a one-person household in Louisiana

Example

2026 Federal Poverty Level for one-person household ($15,650)

JOE KIM SUE
2026 Earnings $25,000 $4,000 $20,000
Earnings compared to poverty level Above Below Above
Savings for retirement through work No No Yes
2026 additional contribution $15,650 $4,000 $0
2026 total contribution $35,650 $24,000 $20,000

What disability expenses can I save for?

Consider how you'll use the account and when you'll need access to the funds. This can help you decide where to invest your savings.

  • Everyday expenses

    Pay for ongoing expenses, like rent or transportation, that require easy access to funds on a regular basis.

  • Long-term goals

    Pay for larger, more expensive items, like a wheelchair, that r

  • Rainy day fund

    Save for a future time when the funds may be needed, such as an unforeseen medical expense.

  • All of these

    An ABLE account is designed to fit your life. Use the account in the way that works best for you.

Choose how to contribute

  • One-time contributions

    Add funds to the account when it works for your budget. Family and friends can also contribute to the account anytime with Ugift®.

  • Recurring contributions

    Put saving on autopilot. Consistent contributions — even in small amounts — can make a difference over time.

  • One-time and recurring contributions

    The most successful savers do both. Establish recurring contributions to stay on track and add more to the account when you can.

Contribution Methods

Multiple ways to make recurring or one-time contributions

Anyone can contribute to an LA ABLE account up to a combined value of $20,000 through the following options:

  • Electronic Funds Transfer (EFT)
  • Payroll direct deposit
  • Social Security Administration (SSA) direct deposit
  • Check

Another Way to Contribute

Gifting

Gifting is a secure, simple, and a powerful way to help someone save for what matters most. Friends, family, and even organizations can show their support by contributing directly to a LA ABLE account.

Learn More about Gifting