How do I get a stable debit card?
To request a STABLE Visa Card, visit card.stableaccount.com/enroll. The STABLE Visa Card does not pull money directly out of your STABLE Account. Instead, you choose a specific amount of money to withdrawal from your STABLE Account and load onto your STABLE Visa Card.
How do I add money to my stable account?
A: You can easily contribute money to your account online. Simply input your personal bank account information (i.e., your routing and account numbers), and make a deposit. You can also save your bank account information and set up recurring contributions. If necessary, you can also mail in check contributions.
What are stable accounts?
A STABLE Account is an investment account available to eligible individuals with disabilities to: Save your earnings tax-free. Keep your public benefits with no impact on Medicaid benefits and limited impact on SSI benefits. Use a “STABLE Card” for Qualified Disability Expenses.
How do I withdraw money from my stable account?
If you would like to withdraw money from your STABLE Account, all you have to do is log into your online account and request a withdrawal. You will have the option of receiving funds by electronic funds transfer or by check.
Are stable contributions tax deductible?
Anyone can contribute to an individual's STABLE account, up to $15,000 per year. Contributions to a STABLE account are eligible for a tax deduction up to $4,000 annually, with unlimited carry-forward or excess annual contributions.