Learn about Illinois ABLE, a tax-advantaged savings and investment program that helps eligible people with disabilities save for qualified expenses.
When you have a problem, people often tell you to “sleep on it.” But what happens when an inability to sleep is the problem? The last few decades, I have suffered from frequent bouts of insomnia. Like many people who have trouble sleeping, I worry about my children, my parents as they get older, and challenges at work. When this happens, rather than getting worried about a lack of sleep, I have learned to accept that my mind will be…
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…
QUESTION: In your last Treasurer’s note, you gave a recap of your 2025 resolutions, but I noticed you didn’t mention any for 2026. Did you make any for this year? A: Thanks for noticing, and thank you for the question. Some are similar to last year, and some are new. I think we are more likely to keep our resolutions when we share them with others to hold us accountable. So, here goes! *I want to cross the $2.5 billion…
