Author: illinoistreasurer

Investing Basics/Take Action!

Spring Ahead with IL ABLE gift Contributions

Spring is the time to start investing in a bright financial future by using the easy Ugift contribution option. 

Ugift® is an easy-to-use, no-cost way for family and friends to make a contribution directly to your IL ABLE account . How does it work?

First, you the IL ABLE Account Owner (person with the disability) or your Authorized Individual (an adult who is authorized to transact on the account) logs into the IL ABLE account here and accesses unique Ugift® code. Click here to log into your account.

Next, your or your Authorized Individual share that code with friends, family or others who want to contribute to your account.

Next, the gift giver visits UgiftABLE.com and inputs the code to make a direct contribution to your IL ABLE account.

All gift contributions made via Ugift® are deposited directly into your account. If you receive SSI benefits, your friend or loved one’s contribution to your IL ABLE account will help you preserve those benefits. Funds in your IL ABLE account can be used to pay for a long list of qualified disability expenses that can improve yourquality of life and increase your independence. Visit the UgiftABLE.com website for complete information.

Download and print a Ugift® Gift Certificate to mark the holiday gift. Learn more at UgiftABLE.com.

If the contributor to an IL ABLE account is an Illinois taxpayer, contributions may be deductible from state income tax. Visit illinoisable.com for more information.

Find quick answers to your ABLE questions with IL ABLE FAQs

Are you eligible to own an IL ABLE account?  Take the Eligibility Quiz. 

Federal Benefits

Are You Wondering How this year’s Stimulus Payment Could Affect SSI Benefits?

An IL ABLE account can take away the worry of where to place a Stimulus Payment to protect SSI Benefits and provide flexibility.

Many people with disabilities received a Stimulus Payment this year (also known as an Economic Impact Payment) and are worried about how unspent funds might affect SSI Benefits. 

Read More “Are You Wondering How this year’s Stimulus Payment Could Affect SSI Benefits?”

ABLE Facts

Give the gift of savings to an IL ABLE Account Owner with Ugift® this holiday season

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”

True Stories

A Story from a Face of IL ABLE

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.

Read More “A Story from a Face of IL ABLE”

ABLE Facts/Take Action!

Do You Own an ABLE Account in Another State?

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.

Read More “Do You Own an ABLE Account in Another State?”

Employment

For Planet Access Company…

…Competitive Employment of People with Disabilities Is in the Mission

This month, Illinois ABLE celebrates National Disability Employment Awareness Month. And there is no better way to celebrate than with  Illinois State Treasurer Michael Frerichs’ visit to Planet Access Company (PAC) in Des Plaines, Illinois, where he saw first-hand how competitive employment of people with disabilities can empower employees and benefit the bottom line.

Read More “For Planet Access Company…”