From Rep. Cathy McMorris Rodgers:
Eastern Washington Congresswoman Cathy McMorris Rodgers (R-WA), along with Congressmen Pete Sessions (R-TX), Tony Cárdenas (D-CA), Chris Smith (R-NJ), and Jim Langevin (D-RI) today introduced a package of bills to enhance the Achieving a Better Life Experience (ABLE) Act of 2014. The package includes the ABLE to Work Act, the ABLE Financial Planning Act, and the ABLE Age Adjustment Act.
“A job is so much more than a paycheck. It’s what gives you purpose and dignity. It’s the opportunity for a better life, and that’s what we’re doing with ABLE 2.0, specifically the ABLE to Work Act,” said McMorris Rodgers, the bill’s lead. “Too often, people with disabilities live in poverty because the current system forces them to make a choice between disability benefits and work. This legislation empowers people with disabilities to save the money they earn from work while remaining eligible for the critical disability safety net. At the end of the day, this is about empowering people with disabilities, like my son Cole, to live their fullest, independent life.”
NOTE: The ABLE 2.0 package includes three bills. The ABLE to Work Act allows individuals and families to save more money — up to the federal poverty level — in their accounts if the beneficiary works and earns income. The ABLE Financial Planning Act allows families to roll over savings in a 529 college savings plan into an ABLE account and prevents these funds from being trapped or fined if a child is born with a disability or acquires one later in life. The ABLE Age Adjustment Act raises the age limit for ABLE accounts from 26 to 46, helping people whose disability or disease develops later in life.
For more information about the legislation, visit www.mcmorris.house.gov/able.