It’s a great time to review your investment selections
Do your investment selections align with your goals? Spring is a great time to review your IL ABLE Account investment option selections. IL ABLE now offers eight Investment Options – seven Asset Allocation Options and the Checking Account Option.
- The Asset Allocation Options range from aggressive to conservative, and a new Money Market Option was added to the IL ABLE Investment Option lineup last December, designed to provide current income while preserving principal.
- The Checking Account Option is FDIC-insured and comes with an optional real-time debit card and access to more than 40,000 fee-free ATMs.
You can move Account assets from one Investment Option to another up to 2 times per calendar year. And you may change the allocation of future contributions at any time.
New to investing? Boost your financial literacy with these resources:
- What Type of Investor Are You? Learn about risk, risk tolerance, and planning for when you need to use your money.
- The FinWell Hub: The FinWell Hub provides budgeting tools and courses on a wide range of topics to help create a plan that supports financial needs and goals.
- National Disability Institute: National Disability Institute (NDI) provides a breadth of resources such as articles, financial assessments, financial education curricula, toolkits, and webinars to educate and empower people with disabilities to develop strong financial wellness.
Read more on financial literacy in this accessABLE post.
Explore IL ABLE Resources
Learn what an IL ABLE disability savings Account is, who is eligible, how to open an Account, and how it can help you save for qualified disability-related expenses while protecting important benefits.
- Learn About ABLE Accounts
- Read the ABLE Plan Disclosure Booklet
- Compare ABLE Investment Options
- Open an ABLE Account
- Request an IL ABLE Presentation at a club or nonprofit by emailing Rosemary Laudani at rlaudani@illinoistreasurer.gov.
For assistance, call 888-609-8683 Monday through Friday from 8 am to 5 pm CT, or email il.clientservice@savewithable.com. Support is available in multiple languages and for callers who are deaf or hard of hearing.