Illinois Treasurer Announces Rebranded 'Able UP' Program with Lower Fees and Improved Digital Tools
Illinois State Treasurer Michael Frerichs has announced the relaunch of the state's disability savings program, now rebranded as Able UP (formerly Illinois ABLE). The updated program features reduced fees, a new mobile app, an enhanced online portal, and expanded investment options designed to help individuals with disabilities save for qualified expenses without jeopardizing eligibility for Supplemental Security Income (SSI) or Medicaid. The program has transitioned its management to Vestwell, which was selected through a competitive bidding process to handle day-to-day operations including contribution processing and customer service. While administered by the Illinois State Treasurer's Office, the Able UP accounts are available to eligible individuals nationwide, regardless of residency.
