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The DC ABLE Program is offered through the National ABLE Alliance. The program is created under the District of Columbia's ABLE Program Trust Establishment Act of 2015 to authorize the establishment of savings accounts empowering individuals with a disability and their families to save private funds to support the individual with a disability and to provide guidelines for the maintenance of such accounts.

  • Program type
    ABLE Savings plan
  • Investment Manager
    Underlying mutual funds and ETFs managed by BlackRock, Schwab, and Vanguard. Sallie Mae Bank provides the high yield savings account and Fifth Third Bank, National Association provides a checking account product.
  • Inception
    2017
  • State agency
    Government of the District of Columbia, Office of Finance and Treasury
  • Program Manager
    Ascensus

Investment Options

Investors in DC ABLE can select from the following investment options. Click on a portfolio name for more information.

Age Based Investment Optionsaccordion open icon

Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.

No investment options found within this category.
Static Investment Optionsaccordion close icon
Individual Investment Optionsaccordion close icon
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