This webinar was recorded on April 4, 2024 with representatives from ABLE today, the ABLE Savings Plan Network, and the Social Security Administration (“SSA”).  The webinar provides general information from ABLE Programs, as well as technical information from SSA.

In general, most SSA reporting requirements for ABLE accounts are basic and minimal.  If you receive Supplemental Security Income (“SSI”) benefits, SSA asks that you report the opening and closing of your ABLE account to SSA.  You should also tell SSA if your ABLE account balance exceeds $100,000.  In a few instances (discussed further in the webinar), a particular ABLE withdrawal or deposit should also be reported to SSA – but those situations are not common for most ABLE account holders.

If you have questions about reporting ABLE account information to SSA, you should contact your local SSA field office.  ABLE-related SSA information can also be found at the following links:

Information for Members of the Public:

• SSA Spotlight on ABLE

• What You Need to Know What You Get SSI

Instruction Manuals for SSI professionals, SSA Employees, and Representative Payees:

• Achieving a Better Life Experience (ABLE Accounts) 

• The Use of Achieving a Better Life Experience (ABLE) Accounts by Representative Payees