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Treasurer Fitzpatrick Joins 19 State Treasurers and Comptrollers in Letter Supporting the ABLE Age Adjustment Act

Thursday, July 23, 2020
Treasurer's name

Jefferson City, MO –Missouri State Treasurer Scott Fitzpatrick joined 19 state treasurers and comptrollers in a letter to the Congressional Military Family Caucus urging their support for the ABLE Age Adjustment Act.

 

The letter recognizes the 30th anniversary of the passage of the Americans with Disabilities Act (ADA) which aimed to provide equal opportunity, full participation in society, independent living, and economic self-sufficiency to Americans with disabilities.

 

“When the Achieving a Better Life Experience (ABLE) Act was passed into law in 2014, many Americans with disabilities were empowered to save their own money to help pay for their disability expenses without fear of losing federal and state benefits. The Act was a meaningful step forward for people with disabilities. However, it came up short. After more than five years, and on the 30th birthday of the ADA, millions of Americans with disabilities, including veterans, still remain ineligible to open an ABLE account simply because they acquired their disability after they turned 26 years old,” the letter states.

 

This ABLE Age Adjustment Act will expand program eligibility to those for whom the onset of a disability occurred prior to age 46. Currently, the onset of a disability must have occurred before age 26.

 

“The initial passage of the ABLE ACT was a monumental step forward for individuals living with disabilities, but there is still work to be done,” Treasurer Fitzpatrick said. “Raising the eligibility age expands access to the program to millions of individuals with disabilities across the country. Additionally, this expansion would help an estimated one million veterans with disabilities become eligible to open ABLE accounts.”

 

HR 1814 can be read here and S.651 can be read here.

 

A full copy of the letter can be read here.

 

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