Employers Encouraged to Promote ABLE Accounts for Disability Savings
ABLE accounts, designed to help Americans with disabilities save for disability-related expenses, have seen expanded eligibility in 2026. Originally created by Congress in 2014, these tax-advantaged accounts now allow individuals whose disabilities began before age 46 to qualify, up from the previous age limit of 26. This change potentially increases the eligible population from 8 million to 14 million. Despite this expansion, awareness remains low, with fewer than a quarter-million accounts opened. Employers, particularly HR leaders, are encouraged to educate employees about these accounts as part of a broader financial wellness strategy. Contributions to ABLE accounts grow tax-free and do not affect eligibility for means-tested benefits like Medicaid. 
