Frequently Asked Questions
Scroll down to see answers to things we get asked a lot. If you're looking for something specific, enter or choose a keyword below.
- About ABLE
- ALR
- Benefits
- Contributions
- Eligibility
- General
- Gifting
- How the account works
- Linking bank accounts
- Opening an account
- Qualified expenses
- Successors and Estates
- Tax benefits
- Can I open and/or manage more than one Maryland ABLE account?
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Yes, you can open and manage multiple accounts for beneficiaries if you are their Authorized Legal Representative.
Remember that each beneficiary can have only one ABLE account open at a time. Each Maryland ABLE account can be connected to one or more bank accounts.
- How do I manage bank accounts for multiple beneficiaries?
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If you are managing ABLE accounts for more than one beneficiary, you can use the same banking information on multiple accounts. The bank account has to be added to each plan account individually.
- Is there a mobile app for Maryland ABLE?
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If you already have an account, you can download the Vestwell app for iOS and log in using your Maryland ABLE account username and password. You can then make withdrawals, contributions, share gifting pages, and more whenever and wherever you want.
