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Frequently Asked Questions

Questions about the different ways you can contribute to your ABLE account.

Contributions to an Account cannot exceed $20,000 per year (2026). This amount is tied to the federal annual gift tax exclusion limit and may adjust periodically to account for inflation. Contributions generally can be made from any source. If the Account Owner is working, and they do not participate in an employer-sponsored retirement program, they may contribute more to the Account. See the next question for additional details.

For SSI beneficiaries, up to $100,000 can be saved in an ABLE Account without affecting their monthly cash benefit. For more information, go to https://secure.ssa.gov/poms.nsf/lnx/0501130740. Total Account balances are limited to $500,000. No new contributions may be accepted into an LA ABLE account once the Account balance reaches $500,000.

Yes. If the Account Owner is working, has earned income, and does not participate in an employer-sponsored retirement plan, then an additional amount equal to the lesser of the following generally may be contributed to the Account in a selected calendar year:

  • Account Owner’s earned income for the calendar year, or
  • U.S. Department of Health and Human Services Poverty Guidelines amount for a one-person household in the Account Owner’s state of residence (U.S. Department of Health and Human Services Poverty Guidelines change annually).

Contributions come from any source: the Account Owner, family, friends, inheritances, fund-raisers, insurance settlements, crowd funding, and third parties. Ugift ABLE is an easy way for third parties to make gift contributions directly into the Account.

Ugift® is a feature of your ABLE Account that allows friends and family to contribute to your savings in lieu of traditional gifts. It is simple to use – just log in to your Account to find your code and share it with friends and family, who can use it at UgiftABLE.com to contribute directly into your Account. Learn more by reading our Ugift ABLE FAQ.

Yes. There is a maximum total account balance set by the state, the same limit that applies to Louisiana’s 529 college savings accounts. Once the balance reaches that maximum, no new contributions are accepted, though the account can continue to grow through investment earnings.