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Illinois ABLE Account Age Adjustment

Illinois ABLE Account Age Adjustment

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,...
ABLE Contribution Limit Increases Become Permanent

ABLE Contribution Limit Increases Become Permanent

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...

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