Lower Annual Fees Coming in 2024 As part of our ongoing commitment to enhance the accountholder experience, accountholders will soon see a reduction to their annual Account Maintenance Fee. Beginning January 1, 2024, this fee will be reduced from $39 per year to $27 per year.
What is a successor designated beneficiary?
A successor for an ABLE account must be a sibling, step-sibling, or half-sibling of the Account Owner and must also qualify for an ABLE account. A successor must be added to the account before the death of the beneficiary.