September 8 was a picture-perfect day when Treasurer Frerichs paid a visit to the Open Door Rehabilitation Center’s (ODRC) Lemon Shakeup stand at the Sandwich Fair. The Treasurer met with staff, volunteers, and clients of the disability services organization, some of whom own IL ABLE accounts. A favorite among clients, ODRC serves up delicious lemonade and pizza at the Sandwich Fair every year.
Learn how IL ABLE accounts can help you achieve your long-term financial goals
August is “ABLE to Save Month”, a time for people with disabilities and their families to learn about IL ABLE accounts and how they can be an important resource to help increase financial well-being.
July is Disability Pride Month and the Anniversary of the Americans with Disabilities Act
July 26 marks the 32nd anniversary of the passage of the Americans with Disabilities Act (ADA). This landmark civil rights law prohibits discrimination against individuals with disabilities in all areas of public life. Since its passage in 1990, people with and without disabilities have turned the month of July into Disability Pride Month. Events, parades and celebrations take place across the country to honor the diversity and achievements of people with disabilities.
Treasurer Frerichs paraded with athletes and spoke at the Opening Ceremonies.
The Treasurer was on-hand to kick-off the Special Olympics Illinois Winter Games 2022! The games, which featured skiing and snowshoeing competitions, were held in beautiful and wintery Galena.
After a parade down historic Main Street, the Treasurer declared the games open and shared the many benefits of IL ABLE savings and investment accounts for SOILL athletes and all ABLE-eligible individuals. Some of those benefits are:
- You can contribute up to $16,000 per year to this tax-free savings account – more if you work.
- Contributions may be tax deductible.
- You can save for everyday and/or long-term expenses.
“I wish all the Special Olympics athletes the best of the luck in the Winter Games and encourage families to find out more about how to save for your child’s future at illinoisABLE.com,” said Treasurer Frerichs.
Learn more about the IL ABLE Special Olympics Illinois partnership and IL ABLE.
Find quick answers to your IL ABLE questions with IL ABLE FAQs.
Illinois ABLE account owners turned up the heat when they competed in the Special Olympics Illinois Summer Games in Normal, Illinois in June. A big shout out goes to these special individuals who are building lifelong experiences of independence and belonging through Special Olympics Illinois and IL ABLE account ownership.
Illinois ABLE is proud to help Light it Up Blue to raise Autism Awareness this month!
Autism or Autism Spectrum Disorder (ASD) is usually diagnosed before age 26. As a result, many individuals with Autism are eligible to own ABLE accounts and to save for the additional expenses that often accompany the disorder. Things such as behavioral intervention, speech and language and sensory integration therapies, or therapeutic equipment such as assistive communications devices, weighted vests or specialized diets.
March 3 in Chicago was a windy, gray day with about a 15-degree wind chill – so cold that machines had to be used to break the ice for the annual Chicago Special Olympics Polar Plunge. But that didn’t stop State Treasurer Frerichs from taking the Plunge to support two great ways that individuals with developmental and intellectual disabilities can build greater independence and quality of life: Illinois ABLE and Special Olympics.
Illinois ABLE accounts give eligible individuals with disabilities a new way to save funds for greater financial independence and participation in community life. Special Olympics programs provide opportunities for athletes to develop skills and capacities that can contribute to greater independence and full life. Congratulations to all of the Plungers!
Want to learn more about Illinois ABLE accounts? Click here.
For facts about ABLE, visit our new FAQs web page.
Would the families that you serve benefit from an ABLE presentation? ABLE staff at the treasurer’s office can attend your event or give a presentation.