Friday, June 8, 2012

Sign the ABLE Act Online Petition Today!

Many of you know about the Achieve A Better Life Experience (ABLE) Act. It's a bill in Congress that will allow people who receive Medicad the ability to save money beyond the current $2,000 cap on assests.

Many organizations in the disability community are asking members of Congress to agree to cosponsor this bill and the response is very positive with bipartisan support. 21 Senators and 160 Representatives have agreed to cosponsor the ABLE Act and that continues to grow.

There is a petition on that will help show the tremendous support for the ABLE Act by people with disabilities, their families, and friends. Please click the link below and add your name to the list of ABLE Act advocates!



ABLE Act details:
ABLE Act status and list of current cosponsors:
  • The U.S. Congress took a historic step on Nov. 15, 2011 for Americans with disabilities by reintroducing the Achieve a Better Life Experience (ABLE) Act, legislation long championed by National Disability Institute and other disability organizations as a key to providing a pathway to a better economic future for persons with disabilities and their families.
  • With bipartisan support, Rep. Ander Crenshaw (R-FL) in the U.S. House of Representatives and Sen. Robert Casey (D-PA) in the U.S. Senate reintroduced the the ABLE Act in 2012 (as H.R. 3423 and S. 1872, respectively) in an effort to encourage and assist individuals with disabilities and their families to set funds aside in a tax-advantaged savings account that allows the funds to be withdrawn to cover costs of health care, employment support, housing, transportation, the purchase of technology and lifelong education. The funds will supplement but not replace benefits provided through Medicaid, Social Security and private insurance, allowing families with sons or daughters with significant disabilities a means to provide for extra costs associated with every day activities and community participation. The income earned on amounts contributed to an ABLE Account would be tax exempt and not counted as part of any asset limits for eligibility to federal programs.

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