Do I have to pay taxes on my account?

As long as the money in your STABLE account is used for qualified expenses, it will not be counted as income for your state or federal taxes. If a purchase or other expense doesn’t qualify as an eligible expense, you’ll have to pay taxes and a 10% penalty on the interest portion of the amount...

Do I use the same login information if I have multiple STABLE accounts?

Yes, you have only one username (email) and password to log in to all the accounts you manage.

Do you charge fees for withdrawing money?

No. There are no fees for withdrawing money.

Does having an account affect my other benefits?

Generally, no. You can open and maintain a STABLE account while keeping your federal and state benefits (SSI, SSDI, Medicaid, SNAP, TANF, HUD Assistance, Section 8, etc.). If you receive SSI, there is a $100,000 limit on the STABLE account balance before funds start counting against your $2,000...

Does my location matter?

No. A STABLE account is available nationwide to eligible U.S. citizens.

Does the Authorized Legal Representative (ALR) own the account with the beneficiary?

No. Regardless of who opens the account, the beneficiary is the sole owner of all the funds.

Does the card have any fraud protection or security features?

Yes. Once you receive your STABLE Visa® Card, you can log in and set up customized restrictions on certain spending categories. You can also turn on text message alerts to notify you of a range of activity on your STABLE Visa Card.* *Standard text message rates, fees, and charges may apply. 

Eligibility

Who can have an account? To be eligible for a STABLE account, you or the beneficiary must: Be blind or have a medically determinable physical or mental impairment that results in marked and severe functional limitations, and such condition developed before the age of 26 and will last, or has...

Eligibility Screener

What are qualified expenses? Money in your account can be used for everyday needs, as well as unexpected events. Qualified expenses are geared toward improving health, independence, and quality of life, and include: What makes STABLE Account special? Our program is unique because it was...

Enrollment Form