ABLE TN is administered by the Tennessee Department of Treasury and is a savings program designed to help individuals with disabilities put aside money to pay for qualified expenses. These accounts provide the opportunity to save and invest, with tax-free earnings, to help participants maintain independence and quality of life.
- Program typeABLE Savings Plan
- Investment ManagerThe Tennessee Treasury Department with offerings from Vanguard, PRIMECAP, Dimensional Fund Advisors, DoubleLine Shiller, Western Asset, and First Tennessee Bank
- Inception2016
- State agencyTennessee Treasury Department
- Program ManagerTennessee Treasury Department
Investment Options
Investors in ABLE TN can select from the following investment options. Click on a portfolio name for more information.
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.
