News and Updates from the Illinois State Treasurer's ABLE Plan
Thanks to the hundreds of visitors who stopped by the IL ABLE table at last weekend’s Abilities Expo!
A big shout out to IL ABLE Account Owners and panelists at the workshop Bradley Westmaas, Michele Westmaas, Dan McConchie and Carla Vassilos. Thank you for sharing your stories, insights, and answering questions.
Read More “IL ABLE Wraps Up Another Great Year at the Chicago Abilities Expo”
The Chicago Abilities Expo comes to town June 12-14, 2026, at the Renaissance Schaumburg Convention Center in Schaumburg, IL.
Join Illinois State Treasurer Michael Frerichs on Friday, June 12 at 11 am as he cuts the ribbon to open the show. After the ribbon cutting, stop by booth #508 to learn how to open an IL ABLE Account to be able to save and invest to be able to pay for many of the products featured at the Abilities Expo. Grab some IL ABLE swag while you are there.
How can you bolster your IL ABLE Account?
April is Your ABLE to Save Month – a great time to grow your IL ABLE Account and build your financial awareness and wellness. Here are four actions you can take to make the most of ABLE to Save Month:
Carla Vassilos is a busy wife and mom of twin boys. She is also an IL ABLE Account Owner thanks to the recent expansion in the ABLE age eligibility criteria making ABLE accounts available to people whose disabilities began before age 46 (up from before age 26). accessABLE News & Updates editors connected with Carla to learn how her IL ABLE Account helps her put money aside for her disability expenses.
Read More “Account Owner Shares Her IL ABLE Age Adjustment Story”
Millions More Now ABLE-Eligible
New IL ABLE Account Owners, the Chicago Lighthouse, Access Living and Professor Harold Pollak of the University of Chicago joined Illinois Treasurer Michael Frerichs to celebrate ABLE age expansion at a March 9 news conference.
Hello! I’m Elizabeth Hamilton, the IL ABLE team’s new Enrollment Specialist.
I am here to support you on your pathway to opening an IL ABLE Account for yourself or for someone with a disability that you assist.
Know Before You Go!
Going through the process of determination or re-determination of Medicaid benefits with the Illinois Department of Human Services is an experience that we all know can be stressful for families. So, if you own or manage an IL ABLE Account, know that Medicaid must not count ABLE Account assets as a resource in determining or re-determining Medicaid benefits.
Great news! Account Owners can save more in 2026! The Annual Contribution Limit for IL ABLE Accounts is increasing to $20,000.
Did your disability begin before your 46th birthday? Starting January 1, you may be eligible to own an IL ABLE Account and benefit from these 4 ABLE features.
Is Your Corporate Disability Employee Resource Group Ready?
If the company you work for has a disability business or employee resource group, members should know about the coming ABLE eligibility expansion. That’s because many employees acquired a disability before age 46 (not before age 26, the current eligibility criteria) and they may soon be eligible to open a tax-advantaged ABLE account.