Are STABLE accounts like my bank checking or savings account?

STABLE accounts have some similar features, but they are not checking or savings accounts. STABLE accounts are investment accounts. You will be saving or investing your money in different options provided. While you can still withdraw and spend your money as-needed, STABLE accounts also allow you...

Are there any fees associated with the card?

Are there limits on how many times I can withdraw money from my account?

No. There are no limits on how many times you can make withdrawals. 

As an ALR, can I open and/or manage more than one STABLE account?

Yes. As long as you meet the ALR qualifications, you can open and manage multiple STABLE accounts for beneficiaries as their Authorized Legal Representative. Remember that each STABLE account can be connected to one or more bank accounts, and each beneficiary can have only one account at a...

Authorized Legal Representative

Bound by law and love An Authorized Legal Representative (ALR) can open an ABLE account for an eligible beneficiary. An ALR is anyone who is selected by the eligible beneficiary with legal capacity, anyone who has Power of Attorney, a conservator or legal guardian, a spouse, parent, sibling,...

AZ ABLE Flyer

AZ ABLE Flyer (Espanol)

Benefits

Your benefits are here to stay When you open an account, you won’t lose your state or federal benefits. A STABLE account through [[planName]] helps you supplement your current benefits in order to save for qualified expenses. If you’re receiving Supplemental Security Income (SSI), you can have up...

Can a Social Security Representative Payee open an account for a beneficiary?

If you’re an eligible beneficiary with a Representative Payee, you can open an account for yourself. If you have legal capacity, you may select a Representative Payee to open and manage an account for you. Otherwise, to have a Representative Payee open and manage an account for you, they must...

Can an Authorized Legal Representative and beneficiary both have a STABLE Visa® Card?

If you’re the Authorized Legal Representative (ALR) for someone, you can order a card for yourself to make purchases for the beneficiary, a card for the beneficiary, or both. Each card has its own balance and spending controls, so you decide how funds will be used. The beneficiary will not have...