Bank Statement Converter for ABLE Accounts

ABLE accounts let people with disabilities save without jeopardizing means-tested benefits, but contributions are capped and withdrawals must go to qualified disability expenses. Convert your PDF bank statements to Excel so you can track contributions against the annual limit and document that withdrawals were used appropriately, protecting your SSI and Medicaid eligibility.

Key Benefits

• Track ABLE account contributions against the annual limit
• Document qualified disability expense withdrawals
• Protect SSI and Medicaid eligibility with clear records
• Export Excel for your account holder or family member
• Free, no account required — your data stays private

How It Works

1. Step 1: Download statements covering the account year
2. Step 2: Upload each PDF to Bank Statement Converter
3. Step 3: Select Excel or CSV output
4. Step 4: Track contributions and categorize withdrawals

Frequently Asked Questions

Why does an ABLE account need careful tracking?

Exceeding the annual contribution limit or using funds for non-qualified expenses can risk the account's tax advantages and the beneficiary's means-tested benefits.

What counts as a qualified disability expense?

Generally education, housing, transportation, health, and other disability-related costs. An Excel export helps you categorize withdrawals to confirm they qualify.

Convert a Statement Free