How do I open an ABLE account for my child?
CalABLE is the ABLE account program in California. To open a CalABLE account, go to calable.ca.gov and complete the account enrollment process online. The process takes 20-30 minutes. You’ll be asked to provide your child’s name, Social Security or tax number, address, and other identifying information. You also need to provide your Social Security or tax number. If you need any help through the process, or if you have questions once your account is open, you can call the CalABLE customer service center at 833-225-2253.
It’s important to note that a CalABLE account comes with a maintenance fee of $30 per year. There are also percentage-based fees for using CalABLE investment services, which is optional.
For more information about CalABLE, see our article 7 Key Questions about CalABLE Accounts Answered.
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