Eligible individuals and their family members with disabilities can use tax-advantaged Achieving a Better Life Experience (ABLE) accounts to fund qualified disability expenses. The beneficiary must have become blind or disabled before age 46 (up from age 26 before 2026). Qualified expenses include housing, education, transportation and basic living expenses. For 2026, the ABLE account annual rollover and contribution limit is $20,000. The One Big Beautiful Bill Act made permanent the ability to roll over 529 plan funds to an ABLE account without penalty, as long as the ABLE account is owned by the beneficiary of the 529 plan or a member of the beneficiary’s family.
