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benefits provided through private insurance, Medicaid, SSI, the 'teneficiary's employment and other sources." 3. Am I eligible for an ABLE account? The ABLE Act limits eligibility to individuals with significant disabilitie with an age of onset of disability before turning 26 years of age. If yo meet this age criteria and are also receiving benefits already under S and/or SSIDI, you are automatically eligible to establish an ABLE account. If you are not a recipient of SSI and/or SSDI, but still meet th age of onset disability requirement, you could still be eligible to open an ABLE account if you meet Social Security's definition and criteria regarding significant functional limitations and receive a letter of certification from a licensed physician. You need not be under the ag of 26 to be eligible for an ABLE account. You could be over the age o 26, but must have had an age of onset before the individual's 26 birthday. 4. Are there limits to how much money can be put in an ABLE account? The total annual contributions by all participating individuals, including family and friends, for a single tax year is $15,000. The amount may be adjusted periodically to account for inflation. Under current tax law, $15,000 is the maximum amount that individuals can make as a gift to someone else and not report the gift to the IRS (gift tax exclusion). The total limit over time that could be made to an ABLE account will be subject to the individual state and their limit for education -related 529 savings accounts. Many states have set this limit at more than $300,000 per plan. However, for individuals with disabilities who are recipients of SSI, the ABLE Act sets some further limitations. The first $100,000 in ABLE accounts would be exempted from the SSI $2,000 individual resource limit. If and when an ABLE account exceeds $100,000, the beneficiary's SSI cash benefit would be suspended until such time as the account falls back below $100,000. it is important to note -that while the beneficiary's eligibility for the SSI cash benefit is suspended, this has no effect on their ability to receive or be eligible to receive medical assistance through Medicaid. Additionally, upon the death of the beneficiary the state in which the bIMneficiary lived may file a claim to all or a portion of the funds in the Mccount equal to the amount in which the state spent on the beneficiary through their state Medicaid prograrn. This is commonly