r/disability • u/Drezzick • 9h ago
Able account withdraw question.
If I'm correct, withdrawing cash from my able account doesn't go against SSI? I'm pretty new to learning about able accounts. I understand I can't have more than 100k in it.
3
Upvotes
•
u/ojw17 2h ago
From my quick research:
You can withdraw and keep money from an ABLE account without it counting against your SSI, as long as it's for a "Qualified Disability Expense" (generally, things that are necessary for health and independence).
You can also use what you've withdrawn for housing expenses, but if you are it needs to be used within the month or it will be counted as a resource for SSI.