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Checking Account Option

The IAble Checking Account Option is provided through Fifth Third Bank, N.A. and gives Account Owners a flexible way to pay for everyday expenses or save money for future expenses. Account Owners can mix any number of the six Investment Options and the Checking Account Option.

Key Benefits

  • Checking Option Pie Chart - 100% CashDebit card

  • Unlimited check writing

  • No overdraft or insufficient funds fees

  • Balances earn interest

  • FDIC insured up to $250,000

  • Online and mobile banking

  • Fifth Third Instant Alerts

  • Monthly online or paper statement options

  • Access to over 40,000 fee-free ATMs

  • No monthly service charge, if you have an average monthly balance of $250 or more during your statement cycle OR sign up for online paperless statements. Otherwise, it is $2.00 per month

  • Seeks to provide preservation of principal

Risks

For a list and description of the risks associated with the FDIC-insured Checking Account Option, review the Investment Option Descriptions and Fifth Third Terms and Conditions in the Plan Disclosure Booklet.

State Treasurer's Office
Capitol Building
Des Moines, IA 50319

888-609-8910

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For more information about IAble, obtain a Plan Disclosure Booklet online or by calling (888) 609-8910. Investment objectives, risks, charges, expenses, eligibility and other important information are included in the Plan Disclosure Booklet; read and consider it carefully before investing.

If you are not an Iowa taxpayer, consider before investing whether your home state offers a qualified ABLE program that provides its taxpayers with favorable state tax and other benefits that are only available through investment in the home state's qualified ABLE program.

IAble is an Iowa trust sponsored by the state of Iowa and administered by the Iowa State Treasurer’s Office. IAble is a qualified ABLE plan offered as part of the National ABLE Alliance. Ascensus College Savings Recordkeeping Services, LLC as the Program Manager, and its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping, and administrative services. IAble offers a series of Investment Options within the National ABLE Alliance. Investment returns are not guaranteed, and you could lose money by investing in IAble.

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© 2024 IAble. All rights reserved.