Why IL ABLE?

IL ABLE is a savings and investment plan that makes it possible for people with disabilities and their families to save and invest their money for expenses related to living with a disability. IL ABLE accounts can help solve a long-time predicament that many people with disabilities face: how to build financial wellness without risking federal government benefits.

  • It’s easy to open an IL ABLE account so that you can begin saving and investing.
  • An IL ABLE account can be opened by an eligible individual, or Authorized Individual, at any time.
  • Illinois taxpayers can take a tax deduction for contributions to any IL ABLE account.