A Program of the Tennessee Department of Treasury · David H. Lillard, Jr., State Treasurer
ABLE TN can help you plan and save for future expenses with tax-free earnings, convenient online management and contributions, low fees, and 15 diverse investment options.
Take advantage of tax-free earnings, low fees, diverse options, and convenient online management—making it beneficial and easy to contribute to your account.
ABLE TN makes it easy to be prepared to cover costs down the road.
Ugift is an easy, free-to-use service that lets family and friends make a meaningful gift by contributing directly into an ABLE TN account.
All ABLE TN customers can take advantage of Ugift in three easy steps!
Learn more about Ugift
Interest earned on funds is tax-free if used to cover qualified expenses.
Learn more about qualified expenses
It's easy to manage your account using our secure portal. You can take all of the following actions online, and more:
Total annual asset-based fees range from 0.230% to 0.8450% depending on the investment selections held within an account. The total annual asset-based fee includes the underlying investment expenses and program management fee. This fee is included in the net asset value (NAV) of each investment option daily.
There are no sales or distribution charges or fixed account maintenance fees associated with ABLE TN accounts.
There is no impact on many federal means-tested benefits as long as your ABLE TN account balance is less than $100,000. Funds in excess of $100,000 will be treated as a resource. See our FAQs for more information.
Choose from diverse investment options with low fees
Pick the right balance for your needs by investing in one or multiple options. Simply assign the percentage of your contributions you want to allocate to each option.
Explore investment options
Contributions into an individual’s ABLE TN account can be made by:
Anyone can contribute to an individual’s ABLE TN account. Account owners, family, and friends may contribute a total of $18,000 each year. There is a lifetime contribution limit of $350,000.
An ABLE TN account may qualify for an increase to the annual contribution limit under the Tax Cuts and Jobs Act of 2017 if the Account Owner:
By meeting the eligibility requirements, the Account Owner will be allowed to make additional contributions above the current annual contribution limit.
These additional contributions are limited to the lesser of the following:
The Account Owner or Authorized Individual, if applicable, is responsible for ensuring the Account does not exceed any applicable account limits, even if the Account receives contributions from other sources. The Account Owner or Authorized Individual should consult his/her personal legal, tax or other advisors.
An individual who has been diagnosed with a disability on or before age 26 may qualify.
Tax-free earnings. Low fees. No impact to federal benefits. Investment options. Easy to contribute.
A qualified expense is one that is related to the individual's disability.
Frequently Asked Questions about ABLE TN.
ABLE TN accounts provide the opportunity to save and invest with tax-free earnings to help participants maintain independence and quality of life.
For more information about the Program, refer to the Disclosure Brochure. The information contained throughout this website is subject to change at any time for any reason or based on guidance issued by the U.S. Department of Treasury and Social Security Administration. Consider all investment objectives, risks, charges, and expenses before investing in the Program. Non-Tennessee taxpayers and residents should determine whether their home state offers a qualified ABLE Program that provides state tax or other benefits to residents not available by investing in this Program.