The Illinois Asset Building Group (IABG) is a diverse statewide coalition invested in building the stability and strength of Illinois communities through increased asset ownership and asset protection.

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Illinois became the first state to pass a comprehensive retirement savings program for its workers.

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Featured Blog Posts

Family Assets Count: Chicago

In Chicago 20% of families live in poverty, but far more (49%) are financially vulnerable. These “liquid asset poor”families do not have enough savings to live above the poverty level for just three months if they lose a job, face a medical crisis or suffer another income disruption. Communities of color fair even worse: 67% of African American households and 71% of Hispanic households in Chicago are liquid asset poor.

June 29, 2015 | 1:24pm | Lucy Mullany
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The ABLE Account Program Comes to Illinois

Millions of individuals with disabilities rely on public benefits for health care, food, housing, and income. Currently an asset test on benefitsprograms, such as Social Security Income (SSI) and Social Security Disability Insurance (SSDI), prohibits recipients from building savings over $2000. Essentially, to remain eligible for much needed benefits programs, an individual must remain poor and financially insecure.

June 18, 2015 | 3:55pm | Jody Blaylock
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Community Investment Awards Highlight Secure Choice & Student Loans Report

Honoring the Passage of Secure Choice

This month, Heartland Alliance for Human Needs & Human Rights was honored for their work passing the Secure Choice Savings Program. With the passage of Secure Choice, Illinois became the first state in the country to address the issue of retirement insecurity in this way. The program will expand access to retirement savings accounts for millions of Illinois workers.

May 29, 2015 | 12:52pm | Jody Blaylock
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