News and Updates from the Illinois State Treasurer's ABLE Plan
Millions More Now ABLE-Eligible
New IL ABLE Account Owners, the Chicago Lighthouse, Access Living and Professor Harold Pollak of the University of Chicago joined Illinois Treasurer Michael Frerichs to celebrate ABLE age expansion at a March 9 news conference.
Hello! I’m Elizabeth Hamilton, the IL ABLE team’s new Enrollment Specialist.
I am here to support you on your pathway to opening an IL ABLE Account for yourself or for someone with a disability that you assist.
Great news! Account Owners can save more in 2026! The Annual Contribution Limit for IL ABLE Accounts is increasing to $20,000.
Get Ready for ABLE Age Adjustment
On January 1, 2026, the age of disability onset criteria to own an IL ABLE Account will expand to include people who acquired their disability before age 46. (The current criteria is disability onset before age 26.) Approximately 250,000 more Illinoisans will become eligible to own a tax-advantaged IL ABLE Account to start saving and investing for disability-related expenses.
Parents of a child with a disability are thinking ahead.
Alysia Townsend, parent of IL ABLE Account Owner Etienne contributes to IL ABLE Account to save for her son’s adult life. “I didn’t need to immediately focus on spending ABLE money around certain needs,” said Townsend in a recent interview with Chalkbeat, a nonprofit news organization covering stories about education. “I already had those needs met. As he gets older he needs more things and different things.”
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:
The Colors of Disability Pride
Disability Pride Month is observed each July and commemorates the signing of the landmark civil rights law, the Americans with Disabilities Act (ADA), which turns 35 this year! It is a time to honor the rich and diverse history, experiences, and achievements of people with disabilities here in Illinois and across the country. One way to show your pride is to fly or display the Disability Pride flag!
The 104th General Assembly of the State of Illinois has declared August 14, 2025, as Illinois ABLE Savings Day! Mark your calendars to open, contribute to, or tell someone about IL ABLE Accounts on August 14. Read the full Resolution.
What can you do to celebrate Illinois ABLE Savings Day?
Read More “Save the Date! August 14 is National ABLE Savings Day”
IL ABLE had a great time at the Abilities Expo!
Were you among the thousands of visitors to the Abilities Expo in Schaumburg, IL last weekend? From the moment the doors opened Friday to the closing minutes Sunday, Expo visitors engaged with IL ABLE in a myriad of ways: waving an IL ABLE sign at the ribbon cutting; learning about IL ABLE Accounts at a workshop; filling out enrollment forms or asking questions and collecting cool merch at our IL ABLE booth all weekend.
Self-advocates share their ABLE stories
If you and your loved ones have been on sitting on the fence about opening an IL ABLE Account, it’s time to meet IL ABLE Account Owners, T.J. Gordon and Jesus “Chuy” Campuzano. They shared their personal experiences about how their IL ABLE Accounts have improved their lives during the recent Arc of Illinois Annual Convention.
Read More “People with Disabilities and their IL ABLE Accounts”