An Illinois ABLE account means greater independence for people with disabilities. How?
Invest in your future and save up to $100,000 without losing your SSI monthly benefits. With Illinois ABLE, you can save and invest your own money. You can pay for the expenses that are part of living with a disability. That includes things like taking lessons to learn a new skill. If you work, you can save money from your job without worrying about the $2000 asset limit. Most importantly, with Illinois ABLE you can gain some control and independence for your life! For more information, or to enroll, visit IllinoisABLE.com.
It’s graduation season! ABLE account owner Tim shares his plans and dreams after graduating in May from Edgewood College and the Cutting-Edge Program in Madison, Wisconsin.
Many people have asked, “Why should I open an ABLE account?” Instead of hearing the answer from us at the State Treasurer’s Office, we went straight to Illinois ABLE account owner Julia, and her mom Janet.
I cannot open an ABLE account if I am older than age 26.
I can only open an ABLE account in the state where I live.
If the symptoms of your disability were present before age 26 and your disability meets the definition of used by the Social Security Administration, you qualify to open an ABLE Account. If your disability was diagnosed after 26 but you have a written certification from a physician that it was present before age 26, you qualify to open an ABLE account.
Wendy Settles is a young professional who works as a housing specialist for Impact Center for Independent Living in Alton, IL. She helps individuals with disabilities get out of nursing homes and into integrated community living. Wendy opened her ABLE account about a year ago.