Eligibility

To be eligible for an LA ABLE account, the individual must:

Be an eligible U.S. citizen and legal resident of the State of Louisiana with a valid Social Security Number.
Have developed the disability before the age of 46.
At least one of the following is true:
- Be eligible for Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) because of blindness or disability
- Have a medically determinable physical or mental impairment with marked, severe functional limitation that has lasted, or is expected to last, at least 12 continuous months or to result in death
- Have identified their condition on the Social Security Administration’s List of Compassionate Allowances Conditions

Here’s what you’ll need when you’re ready to open an account.

Basis of eligibility

Identify the disability and qualifying criteria for the account owner.
Saving and investment choices

Choose from saving and investment options ranging from conservative to aggressive, plus an FDIC checking account with a debit card.
Personal information

Provide the following for the account owner and authorized individual (if applicable):
- Name, address, date of birth
- Social Security number, Taxpayer Identification number, or Employee Identification number
- Email address, phone number
Bank Account Information

If you plan to contribute from a checking or savings account, have your banking information ready. Other funding options include direct deposit from your paycheck or mailing a check.