Attainable Savings Plan
The Attainable Savings Plan is offered by the Massachusetts Educational Financing Authority and managed by Fidelity Investments.
- Program typeABLE Savings plan
- Investment ManagerFidelity
- State agencyMassachusetts Educational Financing Authority
- Program ManagerFidelity
Who can be a participant/owner in the program?
Did you know?
The plan can be used to pay for qualified disability expenses.
This can include education, job training and support, healthcare and financial management.
Savings in an ABLE account will not impact eligibility to receive government benefits.
The first $100,000 is exempt from the Supplemental Security Income limit, and beneficiaries will continue to receive Medicaid regardless of account size.
Residents are not limited to investing in their own state's ABLE plan.
Another state may offer a plan with better suited investment options, lower fees or preferred features.
Visit this plan's website to learn more