The ABLE Youth Transition Toolkit
Parents, Family Members, And Caregivers
Parents and Caregivers can find answers to frequently asked questions and the ABLE Decision Guides:
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- Who can open an ABLE account in the person’s name who has the disability?
- Can a person who has a representative payee open an ABLE account?
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- How can an ABLE account help someone who receives means-tested benefits?
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- How can I help my student or young adult gain financial knowledge, set goals, establish a circle of support and assist him/her with managing the account?
- What happens to the ABLE account when my student or young adult turns age 18/age of majority?
- What skills are needed to manage an ABLE account?
- Can a successor beneficiary be named if the ABLE account owner passes away?
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- If my student or young adult has transition-related expenses such as assistive technology, educational expenses, transportation expenses or everyday living expenses, how can an ABLE account help?
- Does a QDE have to be disability-related?
- How can a family member use ABLE funds for transportation or housing needs?
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- What are some means-tested supports available to my student or young adult through Medicaid, Medicare, vocational rehabilitation or the Department of Labor?
- What free services can help a person with a disability to work, earn and save more?
- How do work supports like the Student Earned Income Exclusion help a person save more money in their ABLE account?
- How will working affect my student’s or young adult’s benefits? Meet ABLE account owners who chose to work: Working ABLE Account Owners
- What are some things to consider when my student or young adult decides to work? Learn more about customized employment, discovery, building financial independence through employment and education plus an ABLE account and how ABLE accounts and SSA work incentives can help: Finding the Right Job
- What is countable Income?
- What is considered income for a transition age youth?
- Can my student or young adult have both an ABLE account AND a special needs or pooled trust?
- What are the key advantages and disadvantages to each type of account?
- ABLE account, Special Needs and Pooled Trust Comparison Chart: ABLE Account, Special Needs and Pooled Trust Comparison Chart
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