Dear CalABLE Friends,
Beginning January 1, 2026, Medi-Cal recipients will have a standard asset limit of $130,000, not including funds in their CalABLE accounts. That means Medi-Cal recipients will generally need to have $130,000 or less in assets (such as money in a bank account) to remain eligible for Medi-Cal beginning next year.
We previously mentioned that there would be a limit to how much money you could have in your CalABLE account while protecting your Medi-Cal eligibility. However, we worked with our partners at Medi-Cal and can confirm that you can save even more in your CalABLE accounts – up to $529,000! That means you can save up to $529,000 total with CalABLE and still maintain your Medi-Cal eligibility. We apologize for the confusion.
Please keep in mind that the standard Supplemental Security Income (SSI) limit of $100,000 will remain in effect. If you receive SSI and you wish to maintain your eligibility, you will want to stay below the $100,000 limit in your CalABLE account.
As a reminder, CalABLE accounts are also exempt from Medi-Cal estate recovery in most cases, too. And don’t forget, anything you earn from our 8 different investment portfolios is tax free when you use your account for qualified expenses. That makes it a great tool to plan for your financial future!
If you don’t have an account, there’s no better time to sign up than now! Start saving for tomorrow, and join the 14,000 people with disabilities who already trust CalABLE with their futures. Go to our website for more information, or click here to open your account today.
