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                St. Louis, MO – Missouri State Treasurer Scott Fitzpatrick today announced a new partnership with the St. Louis Regional Chamber to promote an initiative encouraging 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.

                “The St. Louis region is home to businesses of all size—from small businesses to global corporations. Regardless of size, these business owners are leaders and I am calling on them to increase inclusion and opportunity for Missourians with disabilities,” Treasurer Fitzpatrick said. “Adding direct deposit for MO ABLE accounts is a small thing business owners across the state can do that can have a big impact. MO ABLE enables Missourians with disabilities to save money tax-free without losing access to critical federal benefits like Medicaid and SSI, finally making it possible to have a job and work towards financial independence. This is a huge step forward—but there is still work to be done.”

                “The St. Louis Regional Chamber is proud to partner with Treasurer Fitzpatrick to encourage businesses in the St. Louis region to promote equity and inclusion for Missourians with disabilities,” Tom Chulick, President & CEO, St. Louis Regional Chamber, said. “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.”

                October is National Disability Employment Awareness Month. Throughout the month of October, Treasurer Fitzpatrick will participate in a number of events across the state to raise awareness and increase access and opportunity for individuals with disabilities. Later today, the Treasurer will tour Project CU, Inc., a sheltered workshop, in St. Louis.

                Earlier this week, the Treasurer announced partnerships with the Missouri Chamber of Commerce and Industry and the Columbia Chamber of Commerce.

                Last week, the Treasurer 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 1,687 accounts and over $11.6 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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