SOILL Family Forum – IL ABLE presentation on using funds for Recreation and Sports Activities
Learn about how an IL ABLE account can change the way individuals with disabilities and their families can participate in the community. IL ABLE helps create a path to change the way families can plan for loved ones financial futures; ABLE accounts are used to help with everyday living expenses, recreation such as Special Olympics and long term purchase plans; ABLE accounts allow for savings and investment that are tax deductible; ABLE accounts did not prevent account owners from receiving SSI/SSDI.
Also, learn about IL ABLE can help with the Stimulus payments. If you, or loved one with a disability are on SSI benefits and you received any of the three stimulus payments, here is what you must know to protect your benefits and give yourself the flexibility you may need.