Illinois ABLE

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

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…

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Mailbag January 22, 2026 – New Year’s Resolutions

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…

Read MoreMailbag January 22, 2026 – New Year’s Resolutions