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