Illinois Able UP program opens doors for more residents

Illinois Treasurer Michael Frerichs announced upgrades to the state’s disability savings program, now called Able UP, including lower annual fees, expanded eligibility, revised investment options and new technology. The accounts let eligible residents save for expenses such as housing, health care, education and job training while generally preserving access to benefits such as Medicaid and Supplemental Security Income. Annual maintenance fees will fall by 38% to 52%, depending on account choices.