ABLE New Mexico
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FAQs

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  • ALR
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Can there be more than one Authorized Legal Representative (ALR)?
Does the Authorized Legal Representative (ALR) own the account with the beneficiary?
Who owns the account?
Can I close and transfer my STABLE account through ABLE New Mexico to a different ABLE program?
Can I transfer an existing ABLE account into a new STABLE account through ABLE New Mexico?
Does my location matter?
What type of disabilities qualify for an account?
Am I eligible for a STABLE account through ABLE New Mexico?
Who can have a STABLE account through ABLE New Mexico?
What is a STABLE account?
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ABLE New Mexico is offered by the New Mexico State Treasurer’s Office through a partnership with STABLE Account, a national ABLE plan administered by the Ohio Treasurer’s Office. STABLE accounts are not guaranteed or insured by any state, any state agency or subdivision thereof, or their authorized agents or affiliates. You could lose money by investing in a STABLE account. Consider investment objectives, risks, charges, and expenses before investing. Before you open an account, you should carefully read and understand the STABLE Account Plan Disclosure Booklet.