News Releases About Able UP

Explore Able UP news, resources, and updates about the tax-advantaged savings and investment program for eligible people with disabilities or qualifying medical conditions.

Disabled student in classroom.

How to Claim an Able UP Account

For Account Owners/Beneficiaries and Authorized Legal Representatives It’s official! All IL ABLE accounts have transitioned to the new Able UP account management platform, powered by Vestwell. Account owners and authorized legal representatives (previously called Authorized Individuals) can now retrieve their account on the new Able UP portal. Follow these steps to access your Able UP account. How to claim your account: Explore Your Able UP Account Dashboard Now that you’ve accessed your account, you can explore your new dashboard. Check that your information is up to date. You can also…

Read MoreHow to Claim an Able UP Account
decorative

Welcome to Able UP!

The IL ABLE program is now called Able UP If you had an IL ABLE account, it is now an Able UP account. Accounts in Able UP help people with disabilities and qualifying medical conditions live a life of Unlimited Possibilities and Unlimited Potential: now you can Able UP for today, tomorrow, and your future. Able UP offers more than a new name and a new website for the Illinois ABLE program. Able UP gives you: Some things will stay the same. Able UP accounts continue to offer tax advantages. Earnings…

Read MoreWelcome to Able UP!
Treasurer Frerichs stands at a podium as four people, including one using a wheelchair, are beside him

State Treasurer Frerichs Announces 250,000 More Illinoisans with Disabilities Eligible for ABLE Accounts

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 A chieving a B etter L ife E xperience (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 age limit to before a person’s 46th birthday, meaning about 6…

Read MoreState Treasurer Frerichs Announces 250,000 More Illinoisans with Disabilities Eligible for ABLE Accounts
Happy, portrait and woman with a disability and a tablet for communication and graphic design. Smile, creative and a website designer in a wheelchair with technology for web and software analysis.

Frerichs Celebrates National ABLE Savings Day

Illinois State Treasurer Michael Frerichs is celebrating the first-ever National ABLE Savings Day. The Treasurer’s Office’s Illinois ABLE program helps people with disabilities achieve greater financial independence through investment accounts. ABLE is short for Achieving a Better Life Experience, and a decade ago Congress passed a law allowing states to create programs to help individuals with disabilities save and invest their money to pay expenses that help to improve their health, independence, or quality of life, without risking their public benefits. “ABLE is a game changer. For decades, people with…

Read MoreFrerichs Celebrates National ABLE Savings Day
Father with happy down syndrome son indoors at home, having fun laughing.

Treasurer Frerichs Expands Outreach Efforts For IL ABLE Savings Program

SPRINGFIELD — As students head back to school, parents of children with Individualized Education Plans will receive information about a State Treasurer’s Office program that helps families save money for disability-related expenses. For the first time, Illinois school districts are required by law to include material about the Illinois ABLE (Achieving a Better Life Experience) program as part of a student’s IEP review meeting. “We want more families to be aware of an important program that allows them to save for their child’s future,” said Illinois Treasurer Michael Frerichs, whose…

Read MoreTreasurer Frerichs Expands Outreach Efforts For IL ABLE Savings Program