Achieving a Better Life Experience
With bipartisan support, Rep. Ander Crenshaw(R-FL) in the U.S. House of Representatives and Sen. Robert Casey (D-PA) in the U.S. Senate reintroduced the ABLE Act in 2013 (as H.R. 647 and S. 313, respectively). The ABLE Act legislation has long been championed by National Disability Institute and other disability organizations as a key to providing a pathway to a better economic future for persons with disabilities and their families. In an effort to encourage and assist individuals with disabilities and their families, the ABLE Act intends allow families to set funds aside in a tax-advantaged savings account that allows the funds to be withdrawn to cover costs of health care, employment support, housing, transportation, the purchase of technology and lifelong education. The funds will supplement but not replace benefits provided through Medicaid, Social Security and private insurance, allowing families with sons or daughters with significant disabilities a means to provide for extra costs associated with every day activities and community participation. The income earned on amounts contributed to an ABLE Account would be tax exempt and not counted as part of any asset limits for eligibility to federal programs.
National Disability Institute supports the passage of the ABLE Act and continues to promote public policy changes that encourage work, saving, and asset development for people with disabilities and that reduce dependence on public benefits. The ABLE Act was introduced originally in the 111th Congress and had more than 200 cosponsors in the House and 25 in the Senate. Time ran out before Congress moved the legislation forward.
We need your help!
Please call your two Senators and U.S. Representative and ask them to be an original cosponsor of the ABLE Act of 2011.
We've included the following tools for you to successfully complete this advocacy action alert:
Additionally, you can download the actual legislative text and check to see who has already cosponsored this year's bills:
More information about the ABLE Act and the efforts to pass this