Millions more Americans are now eligible to open an underused tax-free investment account in 2026. Who now qualifies

Core Perspective - The financial landscape for Americans with disabilities will significantly change on January 1, 2026, with the expansion of ABLE account eligibility from age 26 to 46, transforming it into a mainstream financial tool [1][2]. Group 1: Expansion of Eligibility - The ABLE Age Adjustment Act will increase the eligible population from approximately 8 million to 14 million Americans, acknowledging that many disabilities occur later in adulthood [3]. - The adjustment allows individuals with disabilities that onset before age 46 to open an ABLE account at any age, addressing the reality that long-term disabilities can develop after age 26 [5]. Group 2: Financial Implications - ABLE accounts serve as tax-advantaged savings and investment vehicles tailored for individuals with qualifying disabilities, enabling them to save without jeopardizing government benefits [4]. - Prior to ABLE accounts, individuals with disabilities were limited to $2,000 in assets, risking their eligibility for means-tested programs like SSI and Medicaid [5]. - The ability to save for future needs without tax friction is valuable across the economic spectrum, helping individuals build a better economic future [6].