{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,7,30]],"date-time":"2026-07-30T09:16:15Z","timestamp":1785402975286,"version":"3.56.0"},"reference-count":40,"publisher":"Cambridge University Press (CUP)","license":[{"start":{"date-parts":[[2026,1,26]],"date-time":"2026-01-26T00:00:00Z","timestamp":1769385600000},"content-version":"unspecified","delay-in-days":390,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["J. financ. lit. wellbeing"],"published-print":{"date-parts":[[2025]]},"abstract":"<jats:title>Abstract<\/jats:title>\n                  <jats:p>Achieving a Better Life Experience (ABLE) accounts can help build financial capacity for people with disabilities as tax-advantaged savings vehicles designed for disability-related expenses. ABLE accounts might be particularly beneficial for low-income individuals with severe disabilities who receive Supplemental Security Income (SSI) from the Social Security Administration (SSA), because funds deposited in ABLE accounts do not count toward the asset limits required to maintain monthly SSI benefits and access to healthcare. This paper investigates the potential savings and financial capacity of eligible individuals with disabilities who may benefit from the expansion of ABLE accounts. Utilizing the 2014\u20132017 Survey of Income and Program Participation merged with the 2014 Social Security Supplement, this study examines different levels of access to savings and financial assets \u2013 factors that may influence ABLE participation \u2013 among people with disabilities, particularly SSI recipients. Financial capacity is analyzed across three disability onset age groups: before age 26, ages 26 through 45, and age 46 and older, with particular attention to individuals in the second group, who will become eligible for ABLE in January 2026 when the onset-age threshold increases from age 26 to age 46. Findings from logistic and OLS regression analyses indicate that financial capacity is particularly weak among SSI recipients who are newly eligible for ABLE accounts, suggesting limited financial resources to open or contribute to ABLE accounts. Directions for further research on ABLE participation are discussed.<\/jats:p>","DOI":"10.1017\/flw.2025.10006","type":"journal-article","created":{"date-parts":[[2026,1,26]],"date-time":"2026-01-26T08:27:45Z","timestamp":1769416065000},"source":"Crossref","is-referenced-by-count":0,"title":["Financial capacity of SSI recipients and the 2026 ABLE Age Adjustment Act"],"prefix":"10.1017","volume":"3","author":[{"ORCID":"https:\/\/orcid.org\/0009-0004-7311-1729","authenticated-orcid":false,"given":"Hyun Ju","family":"Kim","sequence":"first","affiliation":[{"id":[{"id":"https:\/\/ror.org\/01rmh9n78","id-type":"ROR","asserted-by":"publisher"}],"name":"University of New Hampshire"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"56","published-online":{"date-parts":[[2026,1,26]]},"reference":[{"key":"S2753321225100063_ref23","doi-asserted-by":"publisher","DOI":"10.3386\/w29998"},{"key":"S2753321225100063_ref32","unstructured":"Social Security Administration. 2024b. SSA - POMS: DI 25501.200 - Overview of Onset Policy. Program Operations Manual System (POMS), July 1. https:\/\/secure.ssa.gov\/poms.nsf\/lnx\/0425501200."},{"key":"S2753321225100063_ref26","first-page":"10442073241304109","article-title":"Designing Savings Accounts to Promote Asset Building for Individuals with Disabilities: Experimental Evidence on ABLE Accounts","volume":"36","author":"Roll","year":"2024","journal-title":"Journal of Disability Policy Studies"},{"key":"S2753321225100063_ref34","unstructured":"Thomas, N. , Paul, S. , Bach, S. , and Houtenville, A. . 2024. Annual Disability Statistics Compendium: 2024. University of New Hampshire, Institute on Disability."},{"key":"S2753321225100063_ref38","doi-asserted-by":"publisher","DOI":"10.3233\/JVR-230059"},{"key":"S2753321225100063_ref6","doi-asserted-by":"publisher","DOI":"10.1080\/01621459.1983.10478017"},{"key":"S2753321225100063_ref2","doi-asserted-by":"publisher","DOI":"10.1016\/S0165-1765(03)00032-6"},{"key":"S2753321225100063_ref19","unstructured":"McDonald, K. , Conroy, N. , Morris, M. , and Jennings, E. . 2015. Banking Status and Financial Behaviors of Adults with Disabilities: Findings from the FDIC National Survey of Unbanked and Underbanked Households. National Disability Institute. https:\/\/www.advancingstates.org\/sites\/default\/files\/NDI_banking_status_financial_behaviors_report_2015.pdf."},{"key":"S2753321225100063_ref10","doi-asserted-by":"publisher","DOI":"10.1016\/j.dhjo.2022.101359"},{"key":"S2753321225100063_ref7","unstructured":"Ellis, J. , Ulisky, M. , and Schaller, L. . 2024. \u201cABLE Act \u2013 10 Years of Progress for People with Disabilities.\u201d Social Security Matters, December 19. https:\/\/blog.ssa.gov\/able-act-10-years-of-progress-for-people-with-disabilities\/."},{"key":"S2753321225100063_ref28","unstructured":"Savin, K. 2021. \u2018Playing the Game\u2019 on SSI and SSDI Benefits: How Social Security Administration Policy Shapes the Individual, Societal, and Communal Disability Experience. Unpublished manuscript. University of California, Berkeley."},{"key":"S2753321225100063_ref5","unstructured":"Briscese, G. , Levere, M. , and Pollack, H. . 2024. Improving Financial Security for People with Disabilities: The Promise of ABLE Accounts. FY2023 Research Projects. UW-Madison Retirement and Disability Research Center. https:\/\/rdrc.wisc.edu\/files\/working-papers\/WI23-10_Working-Paper_Pollack-et-al_4.24.pdf."},{"key":"S2753321225100063_ref3","doi-asserted-by":"publisher","DOI":"10.1111\/joca.12140"},{"key":"S2753321225100063_ref14","doi-asserted-by":"publisher","DOI":"10.57178\/jer.v5i2.365"},{"key":"S2753321225100063_ref8","unstructured":"Fee, H. , Fields, J. , Smith, A. , Shin, H. , and King, M. . 2023. Survey of Income and Program Participation (SIPP) Workshop for New and Experienced Users. 2023 Population Association of America (PAA), U.S. Census Bureau, April. https:\/\/www2.census.gov\/programs-surveys\/sipp\/2023\/2023_SIPP_PAA_Workshop_SEP23.pdf."},{"key":"S2753321225100063_ref17","doi-asserted-by":"publisher","DOI":"10.1111\/cars.12268"},{"key":"S2753321225100063_ref24","doi-asserted-by":"publisher","DOI":"10.1093\/swr\/34.2.71"},{"key":"S2753321225100063_ref33","unstructured":"SSI Savings Penalty Elimination Act. 2023. S.2767, 118th Congress (2023-2024)."},{"key":"S2753321225100063_ref40","doi-asserted-by":"publisher","DOI":"10.5267\/j.msl.2020.6.030"},{"key":"S2753321225100063_ref1","unstructured":"ABLE Age Adjustment Act. 2021. H.R.1219, 117th Congress (2021-2022). Accessed August 24, 2023. http:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/1219."},{"key":"S2753321225100063_ref22","doi-asserted-by":"publisher","DOI":"10.1177\/10442073211043521"},{"key":"S2753321225100063_ref20","doi-asserted-by":"publisher","DOI":"10.1080\/10875549.2018.1555731"},{"key":"S2753321225100063_ref18","doi-asserted-by":"publisher","DOI":"10.1891\/1052-3073.27.2.231"},{"key":"S2753321225100063_ref9","doi-asserted-by":"publisher","DOI":"10.1016\/j.ssresearch.2014.08.018"},{"key":"S2753321225100063_ref27","unstructured":"Savin, K. 2019. \u201c\u2018Being on SSI Is a Full-Time Job:\u2019 How SSI and SSDI Beneficiaries Work around and within Labor Incentive Programs.\u201d All Faculty Scholarship, 506. https:\/\/scholarlycommons.pacific.edu\/shs-all\/506."},{"key":"S2753321225100063_ref31","unstructured":"Social Security Administration. 2024a. B. Numbers of SSI Program Recipients. 2024 Annual Report of the SSI Program. https:\/\/www.ssa.gov\/OACT\/ssir\/SSI24\/IV_B_Recipients.html#935854."},{"key":"S2753321225100063_ref36","unstructured":"U.S. Census Bureau. 2019. \u201cWhich Weight Should You Use for Your Analysis? Applying Weights in the 2014 SIPP Panel.\u201d https:\/\/www2.census.gov\/programs-surveys\/sipp\/Select_approp_wgt_2014SIPPpanel.pdf."},{"key":"S2753321225100063_ref13","unstructured":"Goodman, N. , O\u2019Day, B. , and Morris, M. . 2017. Financial Capability of Adults with Disabilities: Findings from the National Capability Study. National Disability Institute."},{"key":"S2753321225100063_ref4","doi-asserted-by":"publisher","DOI":"10.1111\/obes.12325"},{"key":"S2753321225100063_ref35","unstructured":"U.S. Census Bureau. 2018. \u201c2015 SIPP Production: SIPP Public Use Metadata Report.\u201d U.S. Census Bureau."},{"key":"S2753321225100063_ref37","unstructured":"Warren, A. , Wanjira, C. , Greene, M. , and Berdie, L. . 2023. \u201cThe Financial Health of People with Disabilities: Key Obstacles and Opportunities.\u201d Research Paper. Financial Health Network."},{"key":"S2753321225100063_ref11","first-page":"81","article-title":"Disability, Poverty, and the Policy behind the ABLE Act","volume":"14","author":"Germany","year":"2018","journal-title":"NAELA Journal"},{"key":"S2753321225100063_ref39","doi-asserted-by":"publisher","DOI":"10.1016\/j.socscimed.2017.08.031"},{"key":"S2753321225100063_ref29","unstructured":"Savin, K. 2022. Assessing Administrative Burden among SSI Recipients. Center for Financial Security, University of Wisconsin-Madison."},{"key":"S2753321225100063_ref12","unstructured":"Goodman, N. and Morris, M. . 2019. Bank Status and Financial Behaviors of Adults with Disabilities: Findings from the 2017 FDIC National Survey of Unbanked and Underbanked Households and Focus Group Research. National Disability Institute. https:\/\/www.nationaldisabilityinstitute.org\/wp-content\/uploads\/2019\/11\/ndi-banking-report-2019.pdf."},{"key":"S2753321225100063_ref30","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-6237.2007.00513.x"},{"key":"S2753321225100063_ref15","first-page":"47","article-title":"Coordinating an ABLE Account and a Special Needs Trust","volume":"76","author":"Kelly","year":"2022","journal-title":"Journal of Financial Service Professionals"},{"key":"S2753321225100063_ref16","unstructured":"Leydorf, D. and Kaplan, D. . 2001. Use of Individual Development Accounts by People with Disabilities: Barriers and Solutions. Policy Brief. World Institute on Disability."},{"key":"S2753321225100063_ref25","doi-asserted-by":"publisher","DOI":"10.1515\/1538-0645.1430"},{"key":"S2753321225100063_ref21","doi-asserted-by":"publisher","DOI":"10.1016\/j.dhjo.2017.04.007"}],"container-title":["Journal of Financial Literacy and Wellbeing"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.cambridge.org\/core\/services\/aop-cambridge-core\/content\/view\/S2753321225100063","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2026,4,24]],"date-time":"2026-04-24T12:34:13Z","timestamp":1777034053000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.cambridge.org\/core\/product\/identifier\/S2753321225100063\/type\/journal_article"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2025]]},"references-count":40,"alternative-id":["S2753321225100063"],"URL":"https:\/\/doi.org\/10.1017\/flw.2025.10006","relation":{},"ISSN":["2753-3212"],"issn-type":[{"value":"2753-3212","type":"electronic"}],"subject":[],"published":{"date-parts":[[2025]]},"article-number":"e1"}}