A better Maryland ABLE is on the way

We’re excited to share that improvements are coming to your Maryland ABLE account this July—designed to help give you more options to save and plan with greater flexibility:

• Lower fees: The cost of your Maryland ABLE account is going down! The Annual Account Maintenance Fee and Annual Asset-Based Fees are being reduced, helping you save more for what matters most. 
• More investment strategies to choose from: Your investment options will include new Income and Stable Options. These Investment Options are designed for savers who want to protect their money for today’s expenses while still giving it a chance to grow more than a standard bank account. The Stable Option will replace the current Cash Option and the Income Option will replace the current Fixed Income Option. 
• New Target-Year Investment Options: These portfolios automatically adjust over time, becoming more conservative as you get closer to when you plan to use the money. This allows you to plan for particular types of saving and investing. For example, if you are saving or investing for retirement, purchasing a new vehicle, or buying a house, you can decide what year you might want to use this money, and the portfolio will adjust to help you work towards your goal.

Nothing changes today

Your current investments will remain the same for now. As we approach the transition in July, we’ll share more details so you know exactly what to expect.

What does this mean for you?

• No action is needed—your account will transition automatically
• Your current investment selections will stay the same, with updated underlying funds
• After the transition, you’ll have the option to move into the new Target-Year, Income, or Stable portfolios if you choose

Dates to Remember

The transition is expected to take place in July 2026. We’ll send additional details soon, including online training to better explain the new investment portfolios, key dates, and what to expect during the transition.

We’re proud to continue supporting your journey with an even stronger Maryland ABLE program.

Thank you for trusting us to help you save for a better life experience.

Sincerely,

Maryland ABLE Program