News and Updates from the Illinois State Treasurer's ABLE Plan
2020 will soon be history! Take advantage now of the benefits of IL ABLE before time runs out.
2020 has been an historic year and will soon come to an end, before it does here are 5 easy steps you can take to fund an IL ABLE account before the year is over.
Read More “5 Reasons to Contribute to Your IL ABLE Account (or open one!) Before 2020 Ends”
Ugift® is an easy-to-use, no-cost way to make a meaningful holiday gift to a loved one with a disability. How does it work?
First, the IL ABLE Account Owner (person with the disability) or the Authorized Individual (an adult who is authorized to transact on the account) logs into their IL ABLE account and accesses their unique Ugift® code.
Next, they share that code with friends, family or others who want to make a contribution to the account.
Then, the gift giver visits UgiftABLE.com and inputs the code in order to make a direct contribution to the IL ABLE Account Owner’s account.
Read More “Give the gift of savings to an IL ABLE Account Owner with Ugift® this holiday season”
You Can Save and Invest Even More in Your IL ABLE Account!
It’s National Disability Employment Awareness Month and here is some good news for IL ABLE Account Owners. Did you know that if an IL ABLE Account Owner worked in 2020, even more can be contributed to the IL ABLE account? Now is the time to take advantage of the extra savings that ABLE to Work makes possible with an IL ABLE account.
We have the date – November 10, 2020.
We have the time – 6:30 pm – 8:00pm CT
We have the place – online webinar via Webex.
NOW WE JUST NEED YOUR TOPIC!
Read More “What ABLE Topics Do You Want to learn more about?”
Michael and his Mom talk about life and his IL ABLE account
Michael has been an IL ABLE Account Owner for a little over a year. He is also a new face of IL ABLE. When visitors arrive at the IL ABLE website, they see Michael, along with all of the diverse faces of real IL ABLE account owners! Michael and his mom, Dawn, share their story here to help other people with disabilities and their families learn how an IL ABLE account can make life better.
Learn the Facts
Many people with disabilities have received an Economic Impact Payment from the federal government. The payment is often called a “stimulus payment,” and many people have questions. Read here for answers!
Go online with IL ABLE – it’s easy!
Many of us are doing our banking and bill-paying from the comfort of home these days. Now is a good time for IL ABLE account owners to make sure that you are taking full advantage of the online options offered to you by IL ABLE.
Consider Rolling it Over to IL ABLE. Here’s Why.
If you live in Illinois and opened an ABLE account for yourself or a loved one in another state’s ABLE plan, you may be missing out on some of the benefits offered by IL ABLE. For example, if you are an Illinois taxpayer and you contribute to any IL ABLE account, you may be able to take a state income tax deduction. Learn more here.
New Highs Reached
After a rough 2018 where almost every asset class declined, financial markets in 2019 experienced an incredible year as every asset class climbed higher.
Take Advantage of this Great ABLE Benefit
Many people with disabilities (and their supporters) think that if they work they cannot open an IL ABLE account. Not True! In fact, if you work there are even more benefits to owning an IL ABLE account.
Read More “ABLE to WORK – Are You Putting it to Work for You?”
