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.
- 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.
- 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.
