When you open your Illinois ABLE account, you will be able to choose the investment options that meet your needs.  When you invest, you make choices about what to do with your money and investment risk is something to know about as you decide.

Investment risk is a measure of uncertainty in your investment and the financial markets, now or in the future. In other words, when you invest your money, the investment may rise or fall as a result of the investment type you choose and financial market conditions, which means that your account balance could increase or decrease over time. The more risk there is, the more your investment could rise or fall. The less risk there is, the less your investment could rise or fall making it “safer.”

Illinois ABLE offers a range of investment options to match both your goals and comfort with risk. From conservative investments that prioritize the preservation of your investment over growth to aggressive options that seek higher returns, Illinois ABLE offers various choices for investors.

With an Illinois ABLE account you can also contribute to an FDIC-insured checking account that lets you withdraw money using a debit card, so you can easily use your funds for everyday expenses. In the ABLE checking account option, your funds are not exposed to market fluctuations and carry minimal risk. This option earns varying rates of interest income and account balances below $250,000 are guaranteed by the Federal Deposit Insurance Corporation.

To learn more about the investment and checking options offered by the Illinois ABLE plan visit Investment Options at IL.SaveWithABLE.com.