The Latest on the ABLE Act
On Thursday the House Committee on Ways and Means held a hearing on the Achieving a Better Life Experience Act (ABLE) where it passed with a bipartisan vote. This is a critical step forward for this important legislation that will help families with children with disabilities save for their long-term care. Ensuring a sound financial future for our loved ones with disabilities is of the utmost importance and I strongly believe that we should allow them to have the same tax-free savings accounts as others in order to plan for their future.
I am delighted that the ABLE Act has gained the momentum and attention that it deserves. My colleagues in the House of Representatives and the United States Senate have worked fervently for the past eight years to pass this legislation that will achieve our common goal of providing individuals with disabilities a better way to plan and save for their future.