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                Springfield, MO – Missouri State Treasurer Scott Fitzpatrick today announced a new collaboration with the Springfield Area Chamber of Commerce and The Arc of the Ozarks as part of an initiative promoting inclusion and equity for employees with disabilities. The Treasurer is encouraging Missouri businesses to make it easier for employees with disabilities to save by adding direct deposit opportunities for MO ABLE accounts.

                “I am excited to collaborate with the Springfield Area Chamber and The Arc of the Ozarks to engage Springfield area employers in this conversation,” Treasurer Fitzpatrick said. “These organizations know their communities well and I am grateful for their expertise and leadership on this initiative.”

                “The Springfield Area Chamber of Commerce is proud to join in Treasurer Fitzpatrick’s efforts to encourage businesses in our region to promote this best practice that will maximize opportunities for Missourians with disabilities,” Robin Robeson, said.  Robeson serves as 2020 Chair of the Springfield Chamber and Chief Operating Officer with Guaranty Bank.  “Missourians with disabilities are an important part of our workforce and we support this initiative to provide tools to help them save for the future.”

                “At The Arc of the Ozarks, our mission is to support individuals with disabilities in directing their own lives as valued members of society. Employment not only creates the opportunity for people with disabilities to achieve greater levels of independence, it also makes our community more inclusive,” Mike Powers, President/CEO for The ARC of the Ozarks, said. “We look forward to working with Treasurer Fitzpatrick and the Springfield Chamber to engage employers in this important effort.”

                October is National Disability Employment Awareness Month. Throughout the month, Treasurer Fitzpatrick is participating in a number of events across the state to raise awareness and increase access and opportunity for individuals with disabilities.

                Springfield’s Cox Health was the first employer to begin offering payroll deductions for MO ABLE accounts.

Earlier this month, the Treasurer announced partnerships with the Missouri Chamber of Commerce and Industry, the St. Louis Regional Chamber, the Columbia Chamber of Commerce, the St. Joseph Chamber of Commerce, and the O’Fallon Chamber of Commerce.

                The Treasurer also launched a new informational video to provide a simple overview of the MO ABLE program for Missourians with disabilities and their families. The video was produced in partnership with the UMKC Institute for Human Development and the Missouri Developmental Disabilities Council.

                MO ABLE currently has 1,713 accounts and over $12 million in assets under management, making it one of the largest ABLE programs in the country.

            Launched in 2017, MO ABLE allows individuals with disabilities and their families to save up to $15,000 per year, tax-free, without losing federal benefits like Medicaid and SSI. For more information about the MO ABLE program and to take an eligibility quiz, visit moable.com.

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