Important considerations when filing tax returns
Keep this important information in mind about IL ABLE Accounts when filing your 2023 tax return.
Five Great Reasons to Open an IL ABLE Account
Everyone has a reason to save money. IL ABLE tax-advantaged savings and investing Accounts can be a powerful financial tool to help Eligible Individuals with disabilities and their Authorized Individuals meet their short-, medium-, and long-term savings goals. Here are five of the most common reasons why eligible individuals and their Authorized Individuals open an IL ABLE Account.
Commit to Meeting Your Financial Goals
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.
Meet Tom – IL ABLE Account Owner
Watch and hear how he “Makes It Happen with His IL ABLE Account.”
Meet Tom, an active IL ABLE Account Owner. He uses the funds in his Account to pay for things he needs to stay fit and healthy. Did you know that expenses for “health and wellness” are just a few of the types of “Qualified Disability Expenses” that funds in an IL ABLE Account can pay for?
Treasurer Frerichs Honors Illinois State Senator Scott Bennett
A champion of Achieving a Better Life Experience Program
Last December, the IL ABLE program lost a fierce advocate and dear friend of Treasurer Michael Frerichs. Illinois State Senator Scott Bennett was the original sponsor of the legislation responsible for creating the Achieving a Better Life Experience program here in Illinois. Today, the program is named the Senator Scott Bennett Illinois ABLE Program in honor of his legacy.
Read More “Treasurer Frerichs Honors Illinois State Senator Scott Bennett”
Treasurer Frerichs Discusses IL ABLE Accounts
Listen to recording of special AARP Illinois Telephone Town Hall.
On December 6, AARP Illinois hosted Treasurer Michael Frerichs for a Telephone Town Hall about IL ABLE Accounts. The Treasurer discussed and answered listeners’ questions about IL ABLE Accounts and how grandparents, parents, siblings and others can help loved ones with disabilities build higher quality of life and protect their benefits with an IL ABLE tax-advantaged savings and investment account for people with disabilities.
Meet Daniel and Son, Etienne
Watch and hear how Etienne’s parents are saving for his future with his IL ABLE Account
It’s never too early to start saving money for the future of a child with a disability. Etienne’s parents are thinking ahead with their son’s IL ABLE Account.
Attention Illinois Teachers and Educators!
IL ABLE Brochure Now Available in Spanish
The IL ABLE “Students with IEPs” brochure is now available in Spanish! Now special education staff can meet the needs of their Spanish-speaking students, parents, and guardians by sharing this version of the brochure at the student’s annual Individualized Education Plan (IEP) meeting.
Meet Michael: An Employed IL ABLE Account Owner
Watch how he “Makes It Happen with His IL ABLE Account”
Receiving public benefits shouldn’t be a barrier to working. Check out Michael’s story: he works and maintains his benefits while saving money with his IL ABLE Account.
Watch the ASPN Webinar: ABLE Accounts: A New Tool to Support People with Disabilities – Your Employees & Your Community
Pre-recorded webinar ABLE Savings Plans Network (ASPN) webinar – ABLE Accounts: A New Tool to Support People with Disabilities – Your Employees & Your Community, is now available.