ABLE Account Calculator
Project your ABLE (Achieving a Better Life Experience) account growth, track SSI and Medicaid benefit protection, and plan for disability-related qualified expenses with tax-free savings.
Personal Details
ABLE Account Balance & Contributions
Investment & Expenses
SSI & Benefits Protection
ABLE Account Health Score
Your ABLE account is well-positioned to cover qualified expenses while protecting your benefits.
Projected Balance
$237,621
Years Expenses Covered
20 of 20
Projected Balance
$237,621
after 20 years
Total Contributions
$200,000
$10,000/year avg
Tax-Free Growth
$111,171
$31,983 advantage vs. taxable
SSI Protected
$100,000
of $100,000 limit
ABLE Account Balance Over Time
Tax-free growth with qualified expense withdrawals
ABLE (Tax-Free) vs. Taxable Account
See how much more your money grows tax-free in an ABLE account
Annual Contributions vs. Qualified Expenses
How your contributions compare to disability-related expenses each year
Account Composition
Breakdown of your ABLE account value
Total
$389,721
Your Contributions
51%$200,000/yr
Tax-Free Growth
29%$111,171/yr
Expenses Withdrawn
20%$78,550/yr
Year-by-Year Breakdown
Detailed ABLE account projections for every year
| Age | Year | Balance | Contribution | Growth | Expenses |
|---|---|---|---|---|---|
| 25 | 2026 | $5,000 | - | - | - |
| 30 | 2031 | $44,567 | $10,000 | $2,047 | $3,394 |
| 35 | 2036 | $94,397 | $10,000 | $4,758 | $3,840 |
| 40 | 2041 | $157,458 | $10,000 | $8,186 | $4,345 |
| 45 | 2046 | $237,621 | $10,000 | $12,540 | $4,916 |
Personalized Insights
Actionable recommendations based on your numbers
Tax-free growth saves $31,983
Your ABLE account's tax-free growth gives you $31,983 more than a taxable investment account over 20 years. All withdrawals for qualified expenses are also tax-free.
Balance exceeds $100K SSI limit in 2037
Your ABLE account is projected to exceed $100,000, which would suspend (not terminate) your SSI benefits. Consider increasing qualified expense withdrawals or adjusting contributions. Medicaid is not affected regardless of balance.
Medicaid protection regardless of balance
Unlike SSI, your Medicaid eligibility is not affected by your ABLE account balance at any amount. This is one of the most powerful benefits of ABLE accounts for people with disabilities.
ABLE-to-Work: Earn more contribution room
If you become employed and don't participate in an employer retirement plan, you could contribute an extra $14,580/year beyond the $18,000 standard limit through the ABLE-to-Work provision.
Check your state's ABLE tax benefits
Over 30 states offer state income tax deductions or credits for ABLE contributions. Check if your state offers this benefit — it could save you hundreds per year. You can open an ABLE account in any state.
Qualified disability-related expenses
ABLE funds can be used tax-free for: education, housing, transportation, employment training, assistive technology, health and wellness, personal support services, financial management, legal fees, funeral and burial expenses, and basic living expenses.
Full expense coverage projected
Your ABLE account is projected to cover all 20 years of qualified expenses at $3,000/year (adjusted for inflation).