McMorris Rodgers Introduces the ABLE Age Adjustment Act

Mar 15, 2019
Disabilities
Press

Washington, D.C. — Yesterday, Eastern Washington Congresswoman Cathy McMorris Rodgers (WA-05) and Congressman Tony Cárdenas (CA-29) reintroduced the ABLE Age Adjustment Act. This legislation builds on the legacy of the Achieving a Better Life Experience (ABLE) Act that was signed into law in 2014. ABLE created tax-free savings accounts for job training, education and disability-related expenses. The ABLE Age Adjustment Act raises the age limit for eligibility to open an ABLE account from age 26 to 46.

“From the ABLE Act to expanding ABLE accounts in tax reform, we’ve made progress the past four years on empowering people with disabilities to live fuller and more independent lives,” said Cathy. “For people who develop a disability later in life, the ABLE Age Adjustment Act will expand access to tax-free ABLE accounts to help them pay for healthcare and other new expenses.

“In addition, our booming economy is empowering people of all walks of life. I’m excited that because of our work to grow the economy and create jobs, we are closing the gap between the many Americans with disabilities looking for a job and the fraction of those who find it. The ABLE Age Adjustment Act will make sure more people who are ready, willing, and able to work can open their own ABLE accounts, save more of their own paycheck, and build a foundation for a better life.”

NOTE: In the 115th Congress, Cathy led to ensure the Tax Cuts & Jobs Act was written with families who have children with disabilities in mind. Key provisions of her “ABLE 2.0” legislative package became law in tax reform to empower people with disabilities to save more of what they earn and to explore the workforce so they can find a job that affirms their dignity and purpose. The ABLE Age Adjustment Act is her third solution in ABLE. 2.0. Visit McMorris.House.gov/ABLE to learn more.

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