The Account Nobody Can Deposit To

Thu, 23 Jul 2026 00:00:00 +0000

I tried to set up a GoFundMe the way you’re supposed to. I’d be the organizer and the beneficiary. The money would go into my ABLE account, which is the account the federal government created specifically so disabled people could receive funds without losing benefits. That’s the whole point of an ABLE account. It exists to solve this exact problem.

GoFundMe wouldn’t let me do it.

The issue is that ABLE accounts are classified as investment accounts. Most ABLE plans, including mine through Massachusetts, are structured that way. They have a cash component, but at the account level, they’re investment accounts. And GoFundMe, like most fundraising platforms, requires a checking or savings account to deposit funds. Investment accounts don’t qualify.

Benefits on Lanie: Faith, Tech, and Advocacy

The Account Nobody Can Deposit To