Yes, according to Publication 907, "contributions are limited to the annual gift tax exclusion amount ($17,000 for 2023), plus certain employed ABLE account beneficiaries may make an additional contribution up to the lesser of these amounts: (1) the designated beneficiary’s compensation for the tax year, or (2) the poverty line amount of $13,590 in the continental United States, $15,630 in Hawaii and $16,990 in Alaska".
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