Expanding Financial Literacy and Empowerment: Increasing Awareness and Use of ABLE Accounts for Americans with Disabilities
This grant aims to increase awareness and use of ABLE accounts, helping more people with disabilities, including those newly eligible, to save money and improve their health, economic security, and independence.
Funder: Administration for Community Living
Due Dates: July 15, 2026 (Optional notice of intent) | August 3, 2026 (Full application due by 11:59 p.m. ET)
Funding Amounts: One award; $1,000,000–$1,500,000 per year for up to 3 years (total up to $3,000,000)
Summary: Supports a national effort to increase awareness, access, and use of ABLE accounts and financial literacy for individuals with disabilities.
Key Information: No cost sharing required; only one award will be made; applications must be submitted via Grants.gov.
Description
This cooperative agreement, administered by the Administration for Community Living (ACL), aims to expand financial literacy and empowerment for Americans with disabilities by increasing awareness and use of ABLE (Achieving a Better Life Experience) accounts. ABLE accounts are tax-advantaged savings and investment vehicles for individuals with disabilities, enabling them to save for qualified expenses without jeopardizing eligibility for federal benefits. The program targets the significant gap between the number of eligible individuals and those currently enrolled in ABLE accounts, with a focus on outreach, education, and systems integration at national, state, and community levels.
The initiative will support strategies such as:
- Embedding ABLE education and enrollment support in key federal, state, and local systems.
- Strengthening community-based outreach through trusted networks and peer engagement.
- Launching a coordinated national marketing and digital outreach campaign.
- Building a national ABLE Advisory Group to guide and inform program activities.
The project will emphasize measurable outcomes, including increased ABLE account enrollments, improved financial literacy, and strengthened financial security for people with disabilities and their families.
