ABLEAmerica | Capital Group


ABLE accounts help provide financial security for individuals with disabilities by allowing earnings in the account to grow free from federal taxes as long as withdrawals are used for qualified disability expenses. Individuals can invest up to $15,000 per year (for 2019) in the account. Savings grow free from federal taxes and may be free from state tax if used for qualified disability expenses. (Tax advantaged treatment applies to savings used for qualified disability expenses. State tax treatment varies.) If withdrawals are used for purposes other than qualified disability expenses, the earnings will be subject to a 10% federal tax penalty in addition to federal and, if applicable, state income tax.


Who Is Eligible?

  • ABLE accounts are available to U.S. citizens and permanent residents who can legally own securities, including individuals who are blind or disabled from a condition that began prior to age 26.
  • Those who meet the age requirement and may be eligible for SSI or SSDI benefits because of their disability.
  • Individuals with a written, signed diagnosis from a licensed physician.


Who Would Benefit?

Families and individuals with disabilities can use funds in an ABLE account for qualified disability expenses including basic living expenses, housing and health care.



Investment Options

Gain access to broadly diversified American Funds that can help you pursue real-life goals:
• American Funds Global Growth PortfolioSM
• American Funds Growth PortfolioSM
• American Funds Growth and Income PortfolioSM
• American Funds Moderate Growth and Income PortfolioSM
• American Funds Conservative Growth and IncomeSM
• American Funds Preservation PortfolioSM

Earn income on your cash reserves while preserving capital and maintaining liquidity with American Funds U.S. Government Money Market Fund.


Set up an account

Call your financial professional to open an account with American Funds. Don’t have a financial advisor? We can help you find one.


Other resources

Saving now for a better future tomorrow (PDF)

Learn more about how ABLE accounts can help individuals maintain their independence and save for the future. 

You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will at any time.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and ABLEAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. ABLEAmerica is distributed by American Funds Distributors, Inc. and sold through unaffiliated intermediaries. 

Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits not available through ABLEAmerica. Before investing in any state's 529 plan, investors should consult a tax advisor. 

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

American Funds Distributors, Inc., member FINRA.

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.

Use of this website is intended for U.S. residents only.