IAble Plan

Treasurer Smith encourages individuals with disabilities and their support system to consider saving with IAble in 2024. “A new year is the perfect opportunity to review past goals and determine new ones for your future,” Smith said. “If things like achieving financial freedom and saving money without restrictive asset caps comes to mind, IAble might be a perfect fit for you.”

IAble is Iowa’s Achieving a Better Life Experience (ABLE) plan and helps individuals with disabilities and their support system save money.

  • Up to $100,000 can be saved in an IAble account without affecting eligibility for Supplemental Security Income (SSI).
  1. Any amount saved does not affect eligibility for other federal needs-based programs, including Medicaid.
  2. Choose from a blend of up to six Investment Options and a Checking Account Option, which comes with a debit card.
  3. Money saved can be used for any expense relating to the Account Owner’s disability, including rent, food, assistive technology and employment support.
  4. If an Account Owner does not have the capacity to manage their finances, an Authorized Individual may do so on their behalf