Comptroller Glenn Hegar announced today enhancements to the Texas Achieving a Better Life Experience (Texas ABLE®) Program. Effective Oct. 1, the account maintenance fee is being reduced from $4 per month to $3.50 per month for existing and new participants, and the program will add a Conservative Allocation Option to its current investment lineup. Texas ABLE offers program participants five investment options designed to meet different savings goals. Four are Managed Allocation Options — Aggressive, Moderate, Moderately Conservative […]
Texas ABLE
Texas Comptroller’s Office Announces Prepaid Debit Card for Texas ABLE® Program
Texas Comptroller Glenn Hegar today announced the launch of the U.S. Bank® Focus Card — a new prepaid debit card for Texas ABLE® Program account owners. With the Focus Card, Texas ABLE account owners can pay for qualified disability expenses on the go or online — anywhere nationwide that accepts Visa® debit cards. “This is a powerful tool that gives Texas ABLE account owners a convenient new way to use the funds in their accounts,” Hegar said. “This increased flexibility will help account holders manage their […]