Account owners assume all investment risks as well as responsibility for any federal and state tax consequences. Interests in IL ABLE are municipal securities and the value of your account will vary with market conditions and the performance of the investment options you choose. The Checking Option offers FDIC insurance up to $250,000, subject to certain restrictions. Except for the checking account option, investments in the IL ABLE plan are not insured by the FDIC. IL ABLE offers investment options across the risk spectrum from Conservative to Aggressive. ![]() Ascensus College Savings Recordkeeping Services, LLC, the Program Manager, and its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping and administrative services for IL ABLE.Īccounts in IL ABLE are not guaranteed or insured by the State of Illinois, the state administrator, the Trust, IL ABLE or the Program Manager. IL ABLE is designed to be a qualified ABLE plan offered through the National ABLE Alliance. The Illinois Achieving a Better Life Experience (IL ABLE) plan is sponsored by the State of Illinois and administered by the Office of the Illinois State Treasurer. Sign-up for accessABLE News & Updates to receive notification of upcoming webinars and events
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