ABLE Accounts

Submitted by Anonymous (not verified) on Fri, 01/19/2018 - 18:07

My daughter has just been accepted for SSI and Minnesota has ABLE accounts. If I open one for her, can we put extra SSI monies into it, like out of the lump sum she will be getting for her first payment? I know she has to pay living expenses first but she will still have quite a bit leftover.

Tue, 01/23/2018 - 14:04 Permalink

Hi there,
It's a good idea to keep back pay and monthly benefits separate, but you may want to contact the administrators of your ABLE fund for more information as to what funds can be used in the account.

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