This is a special account for people with disabilities that began before age 26. Money they put in a WV ABLE account is NOT counted against an Asset Limit for public benefits.
(Actually, SSI has a $100,000 limit on money in a WV ABLE account, but who’s counting?)
Who is eligible for a WV ABLE account?
WV ABLE Accounts are available to West Virginians who have a disability or blindness that started before they were 26 years old.
What can I use money in a WV ABLE account for?
You can’t buy things, like a TV or a couch or a car. But there are lots of other ways you can use money you’ve put in a WV ABLE Account.
Pay rent or mortgage payments
Job training costs
Medical costs, like health insurance or durable medical equipment
Home maintenance and home improvements
Where do I set up a WV ABLE account?
These accounts are run by the WV Treasurer’s Office. For more information, go to the WV Able website.
You can’t do these at a bank or savings and loan company, only through the WV Treasurer’s Office.
How do I set up a WV ABLE account?
You don’t have to go the Treasurer’s Office to set up a WV ABLE account. You can do everything online. The whole process can be finished in an hour. No trips to a bank or to a government office are needed. If you need help you can contact them.