Thomas P. DiNapoli,
State Comptroller

Woman standing at her kitchen stove, her back is to the camera. She has a full prosthetic left leg. She is wearing a black short-sleeved shirt and jean shorts. The tidy kitchen has black counters, white cabinets and white wall tiles.

Let’s start saving.

So, who can open a NY ABLE account?

An illustrated, outlined family in a red circle. The daughter is highlighted to signify an eligible individual. An illustrated, outlined family in a blue circle. The mother is highlighted to signify an eligible individual’s parent or guardian. An illustrated, outlined individual wearing a dress shirt and tie inside a teal circle. There is a text box coming from the individual with a scale inside, signifying an Authorized Individual.

Additional documentation of the relationship to the eligible individual and legal authority may be required for legal guardians and Authorized Individuals.

When an account is opened by a parent or legal guardian, or an Authorized Individual, the eligible individual remains the owner of the account.

First, you’ll need a few things.

Gather the eligible individual’s:

Next, choose your investment option.

Remember, NY ABLE has several investment options, from aggressive to conservative, plus an FDIC-insured Checking Option.

Finally, make your contribution of as little as $25.

Using payroll deduction? Get started with as little as $15.

Open An Account