It’s easy for New Account Owners and Authorized Individuals to make savings happen.
New Account Owners and their Authorized Individuals often ask how to make contributions to their new IL ABLE Account. Here are five easy and convenient options to start contributing:
- By mail. Send in a check along with a completed Additional Contribution Form to the Plan.
- Set up an Electronic Funds Transfer (ETF) from a personal checking or savings account into the IL ABLE Account. To contribute or withdraw by ETF, submit a completed Account Financial Features Form to the Plan.
- Put your contributions on autopilot by setting up Recurring Contributions. Download, complete, and mail in the Account Financial Features Form to establish a regularly occurring contribution.
- Set up regular contributions from a paycheck. Complete and submit a Payroll Direct Deposit to the Plan or log into the Account online if the Account is registered for online access.
- Schedule a wire transfer. Call Customer Service at 888-609-8683 to get started.
You can make a contribution to the Account using any and all of these methods and watch the savings grow! Be sure to read the instructions on each form carefully before completing and sending into the Plan. For more on how to make contributions to the IL ABLE Account, visit at illinoisable.com, read the Plan Disclosure Booklet, or call Customer Service at 888-609-8683.