The Annual Account Maintenance Fee (billed quarterly) was lowered to $8.25 for IAble Account Owners enrolled in electronic delivery statements. For paper delivery, the fee was reduced to $14.50. Account Owners will see the change reflected in their April account statements. If you have questions or would like more information, please contact us.
Recent ABLE regulations expanded the list of Authorized Individuals who can open an ABLE account to make for a much easier enrollment process. No backup documentation is required to prove you have Financial Authority to act on behalf of the ABLE Account Owner, but you must certify under penalties of perjury and notify IAble if your authority expires or is removed.
The State Treasurer is excited to administer IAble, Iowa’s Achieving a Better Life Experience (ABLE) savings plan! With tax-advantaged ways to save for people with disabilities and their families, along with maintaining eligibility for assistance programs, IAble is an empowering plan the Treasurer is thrilled to share.