Now Law, ABLE Act Would Allow Families Who Have a Child with a Disability to Save for Their Long Term Care through 529-Style Accounts / ABLE Has Been Called “…the broadest legislation to help [people with disabilities] in Nearly a Quarter-Century.”
U.S. Senator Bob Casey (D-PA) and Representative Ander Crenshaw (R-FL) announced that they will sit together at tonight’s State of the Union address to highlight the recent passage of their bipartisan Achieving a Better Life Experience (ABLE) Act. The ABLE Act, which became law as part of the end of year tax extenders bill, would allow families who have a child with a disability to save for their long term care through 529-style accounts.
Representative Crenshaw: “Positive achievements can be made by working together to improve the quality of life for those in need. The ABLE Act proves that. I am privileged to have been in a position to guide this reform from an idea into a law and never doubted we would reach our goal. Fantastic teamwork on the Senate side from Senator Robert Casey (D-PA) and other House and Senate Members on both sides of the political aisle in combination with the determination from hundreds of advocacy groups across the nation made all the difference.”