Springtime is a Great Time to Plan Ahead with IL ABLE

Save for your child’s short and long-term needs

Spring is in full bloom – grass is green, the trees are blossoming, and the school year is winding down. For some, this means going through an Individualized Education Plan (IEP) review to reflect on the past year’s accomplishments and to look ahead to the next school year. This is also a great time to review your child’s short and longer-term financial needs. For example, will they need additional therapies or educational supports in the coming year? Is transition planning within sight?

April is National Financial Literacy Month

Elevate your financial know-how

Carleda Johnson

Managing money can be intimidating especially if it is a new responsibility or you feel you don’t have the right skills or language to talk about it. Financial literacy is all about empowering individuals with the skills and understanding needed to confidently manage their personal finances. As part of National Financial Literacy Month, we interviewed Carleda Johnson, Independent Living Skills Coordinator and Financial Literacy Coach at Access Living. Carleda shares her knowledge and expertise below to help you build your financial literacy.

Keeping Your Savings and Investment Goals on Track

New year sees market swings

2021 was a banner year for investors as the S&P 500, and other major indices that track financial markets reached all-time highs. 

This year is off to a bumpier start with inflation, pandemic-related supply chain disturbances, and the current conflict between Russia and Ukraine contributing to the market’s volatility and investor uncertainty. 

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.