• Can I set up automatic monthly transfers into a STABLE account?

    Yes, look for the “Transfers” button once you’re signed in and follow the setup for Monthly Transfers.

  • Can I still work and have an account?

    Yes. With the ABLE to Work Act you can even contribute up to an extra $12,880 (as of 2022) to your STABLE account if you are working, in addition to the yearly contribution limit of $16,000.  Keep in mind that STABLE accounts help protect assets from counting against benefit asset limits. They do...

  • Can I transfer an existing ABLE account into a new STABLE account through ABLE New Mexico?

    Yes, you can use the ABLE to ABLE Rollover Form to get started. Keep in mind that you can only make one rollover every 12 months. A STABLE account can also be rolled over to an eligible member of the family if the rollover happens before the death of the original beneficiary who opened the account.

  • Can I use an existing STABLE account through ABLE New Mexico if it was closed?

    Yes, simply give us a call and we’ll walk you through the process to get it reestablished. Reach us Monday through Friday, at 1-800-439-1653 from 7am-6pm MT.

  • Can I use funds to pay for housing or rent?

    Yes, you can use money from a STABLE account for housing expenses. If you’re eligible for Supplemental Security Income (SSI), the money must be used within the month it was withdrawn so it doesn’t affect your SSI eligibility. Plus, having a STABLE account doesn’t affect other housing benefits, like...

  • Can someone else access my account?

    To keep the account safe, do not share your password with others and do not let someone else have access to your account unless an Authorized Legal Representative (ALR) is the manager. If you want to change the ALR for the account, give us a call Monday through Friday, at 1-800-439-1653 from...

  • Can someone from ABLE New Mexico help me pick which investment options to use?

    No, we cannot offer or provide financial, investment, or other advice. We have provided descriptions of all investment options on our website and in our Plan Disclosure Booklet so that you can make an informed decision about which option(s) are best for you.

  • Can there be more than one Authorized Legal Representative (ALR)?

    No. There can be only one Authorized Legal Representative (ALR) per account, but you can change an ALR by filling out a Change of Authorized Legal Representative Form.

  • Change of ALR Form

  • Contact Us

    We’re here to help Have questions? Get in touch. Give us a call Monday through Friday, at 1-800-439-1653 from 7am-6pm MT. Email us For general inquiries, email us. Chat with us Use our Live Chat feature in the bottom right of your screen (when available). What are qualified expenses?...