These IL ABLE Account features can help.
Are you establishing or recommitting to financial goals this year? No matter if your goals are long term, short term or somewhere in between, these two IL ABLE Account features may help you meet your financial goals by making saving easier.
Payroll Direct Deposit: If it’s offered by the employer, Account Owners and Authorized Individuals can establish a recurring Payroll Direct Deposit in the amount of their choosing. You can get started by completing a Payroll Direct Deposit Form to your employer. You can also complete the form online by logging on to the Account.
Recurring Contribution: It’s easy to put your contributions into the IL ABLE Account on “autopilot” by setting up a Recurring Contribution. The Account Owner or Authorized Individual can select the amount and the timing of the Recurring Contribution to be automatically transferred on a regular basis from another account to the IL ABLE Account. Get started by submitting a completed Account Financial Features Form or for those with online access, by logging on to the Account.
Call Customer Service at 888-609-8683, Monday-Friday, from 8 a.m. – 5 p.m., if you have any questions about setting up a Payroll Direct Deposit or Recurring Contribution or would like to request forms. To learn more about contributing to an IL ABLE Account visit illinoisable.com and read the Plan Disclosure Booklet.