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Is money on the card counted as an asset for benefits?
Just like the funds in your STABLE account, the funds on your STABLE Visa® Card do not count as assets for state or federal benefits.
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Is the ABLE account considered part of the estate after the death of a beneficiary?
Yes. As part of the estate, funds in the ABLE account are subject to federal estate tax. After the death of the beneficiary, the remaining funds will be taxed and can be used to pay any outstanding qualified disability expenses of the decedent and any State claim under section 529A(f) before they...
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Is the money in the STABLE account considered an asset?
The money in the account generally isn’t considered an asset for federal and state benefit purposes. For Supplemental Security Income (SSI) benefits only, you can have up to $100,000 in the account before the funds start to count against the $2,000 limit.
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Is there a minimum to open an account?
You’ll need to make an initial deposit of at least $25 to get started and a $1 minimum for any contribution or withdrawal after that.
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Manage Monthly Withdrawals Form
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Manage Successor Designated Beneficiary Form
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Name Change Form
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Payroll Direct Deposit Form
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Physician Form
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Power of Attorney Form