Update Jan 2025 – During 2024 we saw a couple of ABLE programs modify their investment choices making their most aggressive category have higher return results (improving performance). The Louisiana state ABLE program, which now offers the Vanguard Growth Index Inst. (VIGIX) fund easily outpaces all other state ABLE programs for performance, however, that state…
Update April 2024 – Some new leaders emerge because of changes that some state programs made in structuring their ABLE program including what they offer for investment choices (Louisiana and California among others). Two states created their own stand alone programs (New York and Colorado) and also updated their investment choices to be more aggressive…
As we end 2022 we take the opportunity to evaluate each ABLE program’s performance. The market was down for the year so ABLE account investments will follow that trend as well. The Leading ABLE Programs from Past Performance (2016 – 2022) Lets get straight to the results. You can read further if you want the…
Updated April 2024: Some of the state ABLE programs have changed so this page has been replaced with an updated page. Now there are 9 unique State ABLE Programs. I was in a meeting years ago where a visiting economic professor from Russia expressed being overwhelmed when visiting a local American grocery store for the…
As I shared in “How to Select a State ABLE Program (Part 2) – Top 5 Deciding Features“, performance of your investment account is the most important feature of wanting to invest money and have it grow and be available for future disability expenses. The most significant difference between state ABLE programs is how fast…
Updated April 2024: The North Carolina ABLE plan (which is the same for all other 18 state programs that make up the National ABLE Alliance changed some of the mutual funds that they use for investing ABLE funds. Also accounted for New York now accepting out of state residents which makes them available to everyone….
Edited March 2024 – On Oct. 23, 2023, the Illinois State Treasurer (Illinois is the facilitator of the National ABLE Alliance) welcomed New Hampshire into the National ABLE Alliance as its 19th member. Previously New Hampshire did not accept out-of-state residents into their ABLE program and now that they are a member of the National…
