Momentum Agencies
Help Pass the ENABLE Act

On February 19, H.R. 1436/S. 627, the Ensuring Nationwide Access to a Better Life Experience, was introduced in the 119th Congress that would make permanent several provisions in the Achieving a Better Life Experience (ABLE) Act. 

The ENABLE Act builds on the ABLE Act, which contains provisions that will expire this year. The ABLE Act enables people with disabilities and their families to save and invest in tax-free savings accounts without losing their eligibility for federal benefits like Medicaid and Supplemental Security Income (SSI). The ENABLE Act would make permanent these three key provisions of the ABLE program that will expire this year:

  • Enable people with disabilities to be employed and continue to save for the future in their ABLE accounts
  • Enable people with disabilities who are contributing to their ABLE accounts to qualify for a nonrefundable saver’s credit of up to $1,000
  • Enable people with disabilities to transfer some funds from a 529 education savings account to an ABLE account

 

Please urge the House and Senate to pass the ENABLE  Act now!

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