Missouri's K-12 Scholarship Program
Living with a disability can get expensive, but you don’t have to figure it out alone. A MO ABLE Account can help you plan for the future and build independence without having to sacrifice government benefits you might rely on. Missouri residents who developed a qualifying disability before the age of 46 are eligible for this program.
Many Missourians are using MO ABLE to prepare for their financial future. As of the end of fiscal year 2025, more than $62 million had been contributed to 5,527 MO ABLE accounts leading to a growth of just over 30% in both active accounts and assets since last year.
MO Able: FAQs
Frequently Asked Questions
No. Through MO ABLE, you can open and maintain a STABLE account while keeping your federal and state benefits (SSI, Medicaid, SNAP, TANF, HUD Assistance, Section 8, etc.). If you receive Supplemental Security Income (SSI), there is a $100,000 limit before funds start counting against your $2,000 asset limit. As long as the money withdrawn is used for eligible expenses, it will not count towards the limit.
Don’t forget that all housing expenses must be paid in the same month the money is withdrawn to keep your benefits. All other benefits, like Section 8, are protected regardless of the amount saved in the account.
