wave usa flag 1383225090826CHAMPAIGN –State Senator Scott Bennett (D-Champaign) and Illinois State Treasurer Michael Frerichs are raising awareness about efforts to provide financial independence for people living with disabilities.

Bennett’s initiative, the ABLE Act, was recently signed into law in Illinois, creating a tax exempt plan to assist individuals and families in saving money to cover the expenses for people living with disabilities.

The Treasurer’s Office will be responsible for the administration and implementation of ABLE accounts in accordance with federal rules and regulations. ABLE accounts are similar to 529 college saving plans with earnings that are tax-advantaged federally.

A news conference will be held on Monday, September 28 at 10:00 a.m. at the Developmental Services Center (1304 W. Bradley Ave., Champaign, IL).

WHO:  Scott Bennett, Illinois State Senator
Michael Frerichs, Illinois State Treasurer
Sarah Thompson, parent of an adult child with developmental disability and Parent Liaison, Child and Family Connections of Central Illinois, Office #16
Carl Webber, parent of an adult child with developmental and intellectual disabilities and Board Member, Developmental Services Center
Dale Morrissey, Chief Executive Officer, Developmental Services Center

WHAT: Senator Bennett and Treasurer Frerichs will join parents and advocates for disabled individuals to discuss the ABLE Act.

WHEN: Monday, September 28 at 10 a.m.

WHERE: Developmental Services Center at 1304 W. Bradley Ave., Champaign, IL.

 

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Office Info

Champaign Office:
45 E. University Suite 206
Champaign, IL 61820
P: (217) 355-5252

Danville Office:
201 N. Vermilion St. Suite 323
Danville, IL 61832
P: (217) 442-5252

Springfield Office:
311C State House
Springfield, IL 62706
P: (217) 782-2507