How can you bolster your IL ABLE Account?
April is Your ABLE to Save Month – a great time to grow your IL ABLE Account and build your financial awareness and wellness. Here are four actions you can take to make the most of ABLE to Save Month:
Great News for Account Owners
Great news! Account Owners can save more in 2026! The Annual Contribution Limit for IL ABLE Accounts is increasing to $20,000.
Congress Passes the ENABLE Act
3 ABLE Act Provisions Made Permanent
Congress passed the ENABLE Act, which was signed into law July 4, making permanent three provisions of ABLE legislation passed in 2017 that were set to expire at the end of 2025:
Save More in 2025
Starting January 1, 2025, IL ABLE Accounts have a higher Annual Contribution Limit. Accounts can receive a total of $19,000 for the calendar year from all sources – Account Owners, family members, friends, and others!
Get Ready! There is a New Investment Option Coming December 13
Changes coming to IL ABLE Accounts
On December 13, 2024, a new Money Market Option will be available as the 7th Target Risk Investment Option. The Money Market Option will invest 100% of assets in the Vanguard Cash Reserves Federal Money Market Fund.
Read More “Get Ready! There is a New Investment Option Coming December 13”
5 Tips for Contributing to an IL ABLE Account
It’s easy for New Account Owners and Authorized Individuals to make savings happen.
New Account Owners and their Authorized Individuals often ask how to make contributions to their new IL ABLE Account. Here are five easy and convenient options to start contributing:
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 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.
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.
National Disability Employment Awareness Month
Celebrate the contributions of workers with disabilities and help advance workforce access and equity.
Every October, we celebrate National Disability Employment Awareness Month (NDEAM) and the diverse contributions of America’s workers with disabilities. With NDEAM’s theme “Advancing Access & Equity” this month is a good time for workplaces to recognize and ensure that people with disabilities, have equal opportunity to contribute their skills and talents in the workplace – that means inclusive employment and workplace policies that benefit employees and employers alike.