A Program of the Tennessee Department of Treasury · David H. Lillard, Jr., State Treasurer

855.922.5386    Access your account

Features and Benefits


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.

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Explore the many benefits of ABLE TN

Take advantage of tax-free earnings, low fees, diverse options, and convenient online management—making it beneficial and easy to contribute to your account.

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Plan and save for future expenses

ABLE TN makes it easy to be prepared to cover costs down the road.

  • Deposit up to $18,000 annually

    You can contribute online or by check.
  • Contribute automatically

    Set up routine deductions from a banking or checking account at the frequency you select by setting up recurring contributions.
  • Allow friends and family to contribute

    Account owners, family, and friends may contribute a combined total of $18,000 in 2024. Invite friends and family to contribute directly to your account.

Maximize your account with Ugift

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!

  1. 1. Login to your ABLE TN account to access your Ugift code.
  2. 2. Share your code any way you choose. You can send gifting invites via email, Facebook, and Twitter, or simply share in-person or over the phone.
  3. 3. Tell loved ones to visit UgiftABLE.com to transfer funds easily and securely to your ABLE TN account. There is no cost to the gift giver or to you.

Learn more about Ugift

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Tax-Free Earnings

Interest earned on funds is tax-free if used to cover qualified expenses.

Learn more about qualified expenses

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Convenient Online Management

It's easy to manage your account using our secure portal. You can take all of the following actions online, and more:

  • Additional contributions
  • Withdrawals
  • Investment exchanges
  • Changes to banking instructions
  • Updates to profile information
  • Invite others to contribute through Ugift

Low Fees

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.

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No impact to federal benefits

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.

View FAQs

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Investment options

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

Easy to Contribute

Contributions into an individual’s ABLE TN account can be made by:

  • Check
  • Electronic Funds Transfer (EFT)
  • Recurring Contribution
  • Payroll Deduction
  • Rollover from another able plan or 529 college savings plan
  • Inviting friends and family to give through Ugift

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.

Contribute more with the ABLE to Work Act


Tennessee Governor, Treasurer Lillard at ABLE bill signing

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:

  • Is employed and receives income and/or compensation
  • No contribution is made for the taxable year to a defined contribution plan under section 401(a) or 403(a); an annuity contract described in section 403(b); or an eligible deferred compensation plan described in section 457(b)

Maximize your account by avoiding contribution limits

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 federal poverty level (or the poverty level of your state of residence, which differs for AK and HI residents)
  • The Account Owner’s compensation includible in the Account Owner’s gross income for the taxable year

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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.