VERMONT ABLE | OFFICE OF THE VERMONT STATE TREASURER
109 State Street, 4th Floor, Pavillion Building, Montpelier, VT 05609
By Telephone; By Website; Information On Website
Modest Monthly Fee; Asset-Related Fees
Vermont
Description
Provides a way to open a STABLE Account. STABLE Accounts allow individuals with disabilities to save and invest money without losing benefits like Medicaid or SSI. Earnings from the Account are not subject to federal income tax when the money is spent on “Qualified Disability Expenses.” Individuals who may apply on behalf of the individual with the disability must be a parent or legal guardian, or have a power of attorney; Limits to the amounts that may be put into the accounts change annually. STABLE Accounts are made possible by the federal Achieving a Better Life Experience (“ABLE”) Act. Detailed information about eligibility can be found on the website.
Last Assured
07/07/2025
What's Here
Providing organization
OFFICE OF THE VERMONT STATE TREASURER
The Office of the Vermont State Treasurer serves as Vermont's banker and chief investment officer, and is responsible for handling money that belongs to all the citizens of Vermont, accounting for the receipt and disbursement of public funds, short and long-term debt management, investment of state funds, administration of three retirement systems and pension funds, collecting and returning unclaimed financial property to rightful owners, improving the financial literacy of Vermonters, and advising state policymakers on various fiscal and policy issues.