Illinois Treasurer to visit IWU to detail ABLE program

Posted on April 11, 2017

By Eric Stock

BLOOMINGTON – Illinois State Treasurer Mike Frerichs will visit Illinois Wesleyan tonight to share more details about a new state program that offers a way to invest tax free to cover disability related expenses.

Frerichs told WJBC’s Patti Penn Illinois ABLE can cover a wide range of expenses, including education, housing, transportation, employment and more for a child.

“Parents who have written their children out of wills for this reason and this is just wrong,” Frerichs said. “Everyone wants to leave a brighter future, they want to leave something behind for their kids. These parents of children with disabilities or blindness in the past have really been prevented from doing that.”

Illinois is one of 14 states to create its own program after the federal government made it available.

Frerichs will be at Wesleyan’s Center for Natural Sciences at 6:30 p.m.

More details on Illinois ABLE are available at www.illinoisable.com.

Eric Stock can be reached at eric.stock@cumulus.com.

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