News and Updates from the Illinois State Treasurer's ABLE Plan
Parents of a child with a disability are thinking ahead.
Alysia Townsend, parent of IL ABLE Account Owner Etienne, contributes to the 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.”
A new school year is an important time for families of students with disabilities to think about education, transition planning, and future financial needs. An IL ABLE disability savings account can help eligible students save for education, assistive technology, health care, transportation and other qualified disability expenses.
Here are three ways parents, guardians and educators can include IL ABLE in a student’s financial and transition planning.
Helping Students with IEPs Save for the Future
The excitement of a new school year is upon us! As students with disabilities prepare their school bags for the start of a new academic year, their parents and guardians may be considering how to plan for their students’ financial futures.
IL ABLE Brochure Now Available in Spanish
The IL ABLE “Students with IEPs” brochure is now available in Spanish. Special education teachers and staff can share the brochure with Spanish-speaking students, parents, and guardians during annual Individualized Education Program (IEP) meetings.
The brochure explains how an IL ABLE disability savings account can help eligible students and their families save for qualified disability-related expenses while protecting important public benefits.
Students with IEPs are to receive information about IL ABLE at their annual meeting.
Parents, guardians, and others who support students with an Individualized Education Plan (IEP) should receive the IL ABLE brochure at their student’s annual IEP meeting. Starting this school year, schools are required to provide IL ABLE information to students and their supporters at the annual IEP meeting. (English IEP Brochure | Spanish IEP Brochure)
Read More “New at School: Students with IEPs to Receive IL ABLE Information at Annual Meetings”