
State Treasurer Frerichs Announces 250,000 More Illinoisans with Disabilities Eligible for ABLE Accounts
Change in Law Increases Age from 26 to 46 Illinois Treasurer Michael Frerichs today announced that an estimated 250,000 Illinoisans with a disability are now eligible to open ABLE accounts that allow them to save and invest money to improve the quality of life without risking federal benefits. The Achieving a Better Life Experience (ABLE) Act, which Congress passed in 2014, required that people had to have acquired their disability before their 26th birthday. A change in the law, effective this year, raised the…



