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CALABLE, CALABLE
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- Description: CalABLE is a savings and investment plan offered by the state of California to individuals with disabilities.Eligible individuals, family, friends and employers can contribute up to $15,000 a year without affecting the account beneficiary's public disability benefits. CalABLE account owners who work can contribute even more to their accounts. Earnings on qualified withdrawals from a CalABLE account are federal and California state tax-free.Individuals with a disability that occurred before age 26 are eligible to open a CalABLE account.If you meet this age of onset requirement, and receive benefits under SSI (Supplemental Security Income) and/or SSDI (Social Security Disability Insurance), you are automatically eligible to open a CalABLE account.If you are not a recipient of SSI and/or SSDI, but still meet the age of onset requirement, you could still be eligible if you meet Social Security's definition and criteria regarding significant functional limitations and receive a letter of certification from a licensed physician.While CalABLE is California's ABLE Plan, any eligible individual in the country can open an account.More info about CalABLE here. More info about eligibility here.
- Website: https://calable.ca.gov/
- Email: calABLESupport@CalABLE.ca.gov
- Phone(s): (916) 653-1728, (833) 225-2253
- Hours: Toll free number: 833-Cal-ABLE (833-225-2253) between 9am and 5pm PT
- Eligibility: Individuals with a disability that occurred before age 26 are eligible to open a CalABLE account. More info about eligibility at https://calable.ca.gov/eligible.
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Location(s)
Location Name: CALABLE
- Physical Address: 915 Capitol Mall, Room 590, Calable Board And Administrative Staff, Sacramento, CA, 95814
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