The following questions can help determine eligibility for an account with the ABLE ME program:
- Is the individual a Maine resident?
- Was the individual’s disability present before age 26?
- Will this account be the Beneficiary's only ABLE account?
- Does the individual fall under one of the following scenarios:
- Currently receive benefits under SSI and/or SSDI, or is eligible to but is not currently, purely due to resource limitations?
- Meet Social Security’s definition and criteria regarding significant functional limitations and have a letter of certification from a licensed physician (ex: MD, DO)?
If the answers to the above questions are all “yes”, they may be eligible for a Maine ABLE Benefit Checking®Account.1
Maine ABLE Benefit Checking®
If the Beneficiary (Primary Account Owner) will manage their account alone or with an optional Authorized Representative, begin the process to open a Maine ABLE Benefit Checking® Account today!
Fiduciary Maine ABLE Benefit Checking® Account
If the Beneficiary (Primary Account Owner) is unable to manage their account and will have an appointed Authorized Representative exclusively managing their account, or the Beneficiary is a minor, we invite you to apply today for a Fiduciary Maine ABLE Benefit Checking® Account.
Need further assistance with ABLE?
1Maine ABLE Benefit Checking® accounts are not guaranteed or insured by any state, any state agency or subdivision thereof, or their authorized agents or affiliates. Before opening an account, you should carefully read and understand the ABLE ME Informational Booklet. Maine ABLE Benefit Checking® is offered through a partnership with the State of Maine Office of the State Treasurer, owner of the ABLE ME Program. Please note that neither Bangor Savings Bank nor the Maine State Treasurer’s Office can offer legal, benefits, or tax advice. If you have questions you should consult with your personal legal, benefits, or tax advisor(s) before opening an Account, making deposits, withdrawing money, or otherwise transacting business in the Account. Please see the ABLE ME Informational Booklet for detailed ABLE ME Program information.