MO ABLE

The public website does not name a CIO, investment committee, or external investment advisor responsible for selecting the four mutual-fund options and the FDIC-insured savings product. No staff or board members are listed on the scraped pages.

MO ABLE offers only pre-selected pooled vehicles—four mutual fund-based portfolios and one FDIC-insured savings option—accessed through individual STABLE accounts. The site does not describe direct equity co-investments, private-fund commitments, or bespoke deal flow.

MO ABLE presents itself as Missouri’s state-branded ABLE program, but its public disclosures do not specify whether it is a state agency, a non-profit instrumentality, or a public-private partnership. The site references a broader STABLE platform—evidenced by the STABLE Visa Prepaid Card branding—yet it does not name the underlying administrator or custodian.

Participants may choose among five options: four mutual fund-based investments and one FDIC-insured savings account. The program permits two investment-option changes per calendar year. Fund names, tickers, or underlying managers are not disclosed on the public site.

Eligible individuals who open a new account receive a $25 grant to match their first contribution. The grant is deposited within sixty days of account funding, subject to terms and conditions that are linked but not summarized on the homepage.

Supplemental Security Income is unaffected as long as the account balance remains below $100,000. Other benefits, such as VA Services and VA pension benefits, are not affected regardless of account size, according to the program’s posted materials.

An Authorized Legal Representative may open an account for someone unable to do so themselves. The ALR can be a Power of Attorney, Legal Guardian, Conservator, spouse, parent, sibling, grandparent, or representative payee, provided they attest to their authority under the program’s eligibility rules.