The NC ABLE Program has reached approximately $53 million in assets and 5,000 accounts, according to information presented to the program's Board of Trustees during its regularly scheduled meeting today.
The board, chaired by State Treasurer Brad Briner, reviewed enrollment trends, program performance, outreach initiatives and a proposed administrative budget for fiscal year 2026-27.
NC ABLE also reported 152 new accounts in August 2026, its highest monthly enrollment. The milestone follows efforts to increase public awareness, expand eligibility and simplify enrollment.
"Every new NC ABLE account represents another opportunity for someone with a disability to save for the future and gain greater financial independence. Reaching $53 million in assets is an encouraging milestone, but our focus remains on making sure more eligible individuals and families know this opportunity exists," Briner said.
The board also received an update on recent changes affecting account eligibility and access. Under expanded federal rules effective in 2026, individuals whose qualifying disability began before age 46 may be eligible to open an ABLE account. The previous age threshold was 26.
The program also has introduced enrollment improvements intended to simplify the process for eligible individuals and their authorized representatives.
Program Budget and Outreach
The board reviewed the fiscal year 2026-27 administrative budget that includes state appropriations, projected administrative fee revenue and proposed expenditures.
The proposed budget includes funding for public outreach, marketing and administrative services.
About NC ABLE
The NC ABLE Program allows eligible individuals with disabilities and their families to save and invest for qualified disability expenses through tax-advantaged accounts. The program helps participants pursue greater financial security while maintaining eligibility for certain public benefits, subject to applicable rules.
For more information, visit NCABLE.org.