The Illinois ABLE Program
Thursday, June 1st, 2017
11:00 AM – 12:00 PM
Presenter: Fernando Diaz
Fernando is the Director of College Savings Programs for Illinois State Treasurer Mike Frerichs. He has a bachelors in Political Science and master’s in Educational Leadership and Administration from Chicago State University. He also earned an MBA from the Kellogg School of Management at Northwestern University.
- What is ABLE?
- How does IL ABLE work?
- How do people sign up for IL ABLE?
The Illinois ABLE program is a tax-advantaged investment program that provides persons with blindness or disabilities the option to save for disability-related expenses without putting their federal means tested benefits at risk. Illinois ABLE is a member of the National ABLE Alliance, a partnership of 15 governmental entities representing over one quarter of the population of the United States. The goal of the National ABLE Alliance is to provide the most robust ABLE services possible at the lowest cost to account owners. Illinois ABLE is similar to 529 College Savings programs, in that families would be allowed to set aside money for future qualified expenses, invest these funds in professionally designed savings accounts, and avoid some tax penalties on the fund. This presentation will help attendees learn about how the program works, how to open an account and how to access additional information and resources for individuals they are working with and interested in opening an ABLE account.
1 QIDP CEs/1 Social Work CEUs will be awarded upon completion of this webinar
This is free for HBSS Workgroup Members
Non-Member Fee – $20
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