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.”
Washington DC- Today, 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.
“The passage of the ABLE Act is an example of what Congress can accomplish when Democrats and Republicans come together around commonsense solutions for families,” Senator Casey said. “Representative Crenshaw helped drive the ABLE Act forward in the House and I’m pleased to be able to hear the President’s address with him this evening.”
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.”