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News and Updates from the Illinois State Treasurer's ABLE Plan

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ESSENTIAL WEBINAR ON UPCOMING CHANGES TO IL ABLE

October 15, 2026October 15, 2026 illinoistreasurer

Register now for the October 22 Lunch & Learn Webinar

Do you own an IL ABLE Account or manage or provide support on an IL ABLE account for someone else?

You need to know that changes are coming to the IL ABLE program November 10.

We encourage Account Owners, Authorized Individuals, Interested Parties and those who are just plain curious to sign up now for the “What’s Ahead with IL ABLE” webinar on October 22 at 12:00 – 1:00 p.m.

Sign up for October 22 at 12 p.m.

You will learn about:

  • New and account features
  • A free, customizable True Link Visa® Prepaid Card
  • Simplified account management tools
  • How to prepare NOW for the changes.

Can’t attend the webinar?  Visit illinoisable.com/updates for complete information about the changes and make sure you know the following:

OCTOBER 9

October 9 was the last day to use the debit card and checkbook associated with the IL ABLE Checking Account Investment Option. Funds can still be withdrawn electronically to a bank account connected to the IL ABLE account or issued by check. Withdrawals can be requested by logging in to the IL ABLE account online or by calling customer service, at 888-609-8683 M-F, 8 am to 5 pm. Important: Please note that checks written using Fifth Third checks must be cleared by Fifth Third Bank by November 5. 

NOVEMBER 5

You will have until 3 pm CT on Thursday, November 5, to make any transactions and access your account via the existing IL ABLE account portal.

At 3 pm CT on November 5, the blackout period begins. At that time, your account will begin transitioning to the new platform. During the blackout period, account access will be unavailable. Your funds remain safe and invested throughout this process.

NOVEMBER 10

Transition is complete. You will be able to go online to retrieve your account in the new online account portal. Also, beginning November 10, you will also be able to request a free, customizable True Link Visa® Prepaid Card™ online. Cards will be sent by mail within approximately 7 business days of your request.

Visit illinoisable.com/updates for more information about changes coming to the IL ABLE program.

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The Illinois Achieving a Better Life Experience (“IL ABLE”) plan is sponsored by the State of Illinois and administered by the Office of the Illinois State Treasurer (“Treasurer”). IL ABLE is designed to be a qualified ABLE plan offered as part of the National ABLE Alliance. Ascensus College Savings Recordkeeping Services, LLC, the Program Manager, and its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping, and administrative services for the IL ABLE plan.

Accounts in the IL ABLE plan are not guaranteed or insured by the State of Illinois, the Treasurer, the Trust, IL ABLE, the Program Manager, or any other entity (except as provided in the Plan Disclosure Booklet solely with respect to the FDIC-insured Checking Account Option). An Account Owner could lose money by investing in the IL ABLE plan. The Checking Account Option offers FDIC insurance up to $250,000, subject to certain restrictions. Interests in IL ABLE are municipal securities and the value of the account will vary with market conditions and the performance of the investment options you choose.

An investor should consider investment objectives, as well as the risks, charges, and expenses associated with an investment in the IL ABLE plan before investing. This and other important information are contained in the Plan Disclosure Booklet, which can be obtained at http://illinoisable.com or by calling (888) 609-8683.  You should carefully read the Plan Disclosure Booklet before investing.

Account Owners assume all investment risks as well as responsibility for any federal and state tax consequences. Participation in the IL ABLE plan does not guarantee that contributions and the investment return on contributions, if any, will be adequate to cover Qualified Disability Expenses or that an Account Owner is eligible to participate in the IL ABLE plan.

Before investing in any ABLE plan, you should consider whether the state in which you reside and/or pay taxes offers an ABLE plan with favorable state tax incentives or other benefits that are only available through investment in that state’s ABLE plan. You also should consult your financial, tax, or other adviser to learn more about how state-based benefits, or any limitations, would apply to your specific circumstances.

This material is provided for general and educational purposes only, and is not intended to provide legal, tax, or investment advice or for use to avoid penalties that may be imposed under federal or state tax laws. This material is not an offer to sell or a solicitation of an offer to buy any securities.

Testimonials may not be representative of the experience of other customers as past performance or success is not a guarantee of future performance or success.

Capitalized terms not otherwise defined in this material have the meaning attributed to them in the Plan Disclosure Booklet.

Information subject to change without prior notice.

Investments are not FDIC-Insured (except for the Checking Account Option). No Bank, State, or Federal Guarantee.  May Lose Value.

2026 Illinois ABLE News & Updates