Dec 29, 2025 | Blog, ABLE Accounts
The Illinois Achieving a Better Life Experience (ABLE) program will significantly expand eligibility criteria as of January 1, 2026. Individuals previously had to have developed a diagnosed disability before the age of 26 to qualify to open an ABLE account. However,...
Dec 15, 2025 | ABLE Accounts, Blog
A bipartisan group of legislators, which includes Senators Amy Klobuchar (D-MN) and Eric Schmitt (R-MO) and Representatives Sharice Davids (D-KS) and Brian Fitzpatrick (R-PA), recently introduced S. 2459/H.R. 4644: ABLE Employment Flexibility Act in Congress. This...
Dec 1, 2025 | ABLE Accounts, Blog
The Achieving a Better Life Experience (ABLE) Act is a federal law that allows some people with disabilities or their family members to establish a tax-free savings account for their financial needs. Recent federal legislation, including the ABLE Adjustment Act and...
Nov 17, 2025 | ABLE Accounts, Blog
The Achieving Better Life Experience (ABLE) Act, which Congress passed in 2014, is designed to allow persons with disabilities to save funds for future needs in a tax-advantaged account while still maintaining their eligibility for certain means-tested public benefits...
Nov 3, 2025 | Blog, ABLE Accounts, Government Programs, Social Security, Special Needs Trusts
As children with special needs age, parents increasingly need to consider their future care needs, which include developing a long-term care plan. Examining long-term care options for adult children with special needs is crucial to protecting their future when parents...
Jun 10, 2025 | ABLE Accounts, Government Programs, Special Needs Trusts
Special needs trusts and ABLE accounts are useful saving tools to save much-needed funds for children with special needs. Although their requirements vary, these tools allow these individuals to shelter savings without endangering their eligibility for means-tested...
