Illinois ABLE News & Updates - Page 2 of 12 - News and Updates from the Illinois State Treasurer's ABLE Plan

ABLE eligibility expanded January 1, 2026

November 20, 2025July 24, 2026 illinoistreasurer

Is Your Disability Employee Resource Group Ready to Share IL ABLE?

Corporate disability employee resource groups can play an important role in helping employees learn about workplace resources, financial wellness and disability inclusion. With the expansion of ABLE account eligibility, more employees with disabilities may now qualify to open a tax-advantaged IL ABLE Account.

As of January 1, 2026, a person may be eligible for an ABLE account if the onset of their disability occurred before age 46. The disability does not need to have been diagnosed before age 46, but the individual must meet additional eligibility requirements.

Celebrating Value and Talen National Disability Employment Awareness Month

Events

Celebrating 80 Years of National Disability Employment Awareness Month

October 15, 2025July 17, 2026 illinoistreasurer

A shout-out this month to workers with disabilities! We celebrate with you on this, the 80^th anniversary of National Disability Employment Awareness Month (NDEAM). “Celebrating Value and Talent” raises awareness about disability employment and celebrates the many and varied contributions of America’s workers with disabilities.

Banner with images of IL ABLE account owners

ABLE Facts/Events/News

The Countdown Is On!

October 15, 2025July 17, 2026 illinoistreasurer

Get Ready for ABLE Age Adjustment

On January 1, 2026, the age-of-disability-onset criteria for owning an IL ABLE Account will expand to include people who acquired their disability before age 46. (The current criteria are 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 Save With IL ABLE

October 15, 2025July 17, 2026 illinoistreasurer

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.”

Read More “Parents Save With IL ABLE”

ABLE Facts/Account Management/Investing Basics/Investment Options

Good News for IL ABLE Account Owners!

September 16, 2025July 20, 2026 illinoistreasurer

Good news for IL ABLE Account Owners! Effective September 1, 2025, the program management fee on IL ABLE Accounts was reduced by 0.02% basis points on the seven Asset Allocation Investment Options. This reduction lowered the total annual asset-based fee range from 0.30% – 0.36% to 0.28% – 0.34%.

Account Management/Entities

It’s Time for Your Agency to Get Online with IL ABLE

September 16, 2025July 17, 2026 illinoistreasurer

Three Easy Steps to Get Started

Is it time for your organization to start managing your clients’ IL ABLE Accounts online?

You and your organization can now save time and gain efficiency by opening and managing your clients’ IL ABLE Accounts online. If your Entity serves as an SSA rep payee or is under a power of attorney, you can easily help your clients protect their federal benefits, save for large expenses, and build assets from their earnings by going online with their IL ABLE Accounts.

Abilities Expo

Let’s Stay in Touch

September 16, 2025July 17, 2026 illinoistreasurer

Saving and Investing for a Better Life Experience

Thank you for passing by the IL ABLE Exhibitor booth during June’s Abilities Expo. We were glad to share information about IL ABLE as part of your visit to explore the latest in disability services and equipment. Some visitors to our booth even opened their IL ABLE Accounts right then and there!

3 Special Education Back-to-School Tips

August 18, 2025July 24, 2026 illinoistreasurer

What Families of Students with IEPs Should Know About IL ABLE

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.

ABLE Facts/Account Management/Contributions/Employment/News/Taxes

Congress Passes the ENABLE Act to Expand ABLE Account Benefits

July 18, 2025July 20, 2026 illinoistreasurer

3 ABLE Act Provisions Made Permanent

Congress passed the ENABLE Act, and it was signed into law on July 4. The new law makes three ABLE account provisions permanent. These provisions were first approved in 2017 but were scheduled to expire at the end of 2025.

Events/News/Uncategorized

Save the Date! August 14 is National ABLE Savings Day

July 18, 2025July 24, 2026 illinoistreasurer

The 104th General Assembly of the State of Illinois declared August 14, 2025, Illinois ABLE Savings Day. Mark the occasion by opening or contributing to an IL ABLE Account or sharing information about IL ABLE with someone who may benefit. Read the Illinois ABLE Savings Day resolution.

Is Your Disability Employee Resource Group Ready to Share IL ABLE?

Saving and Investing for a Better Life Experience

What Families of Students with IEPs Should Know About IL ABLE

How to Celebrate Illinois ABLE Savings Day