Paving a successful path for your child’s future is a big part of what being a parent is all about. I am happy to say the path for my daughter, Anne, who happens to have Down syndrome, is on its way to being much easier as the Achieving a Better Life Experience Act advances through the 113th Congress.
The ABLE Act will allow individuals with developmental disabilities to work more without threatening their health care and make it easier for their families to create savings for them. This week, the Senate Finance Committee’s Subcommittee on Taxation and IRS Oversight will hold a hearing on the bill.
This is big news to families like mine. As a board member of the National Down Syndrome Society and an advocate, I have traveled to our nation’s capital countless times to share our family’s story and the hopes we have for Anne’s future.
The ABLE Act will put a stake in the ground that people with disabilities can work, save for their future and, most importantly, be as independent as possible. Anne is a 16-year-old who is energetic and smart, capable of making her own decisions and having a career – and she has her whole life ahead of her. My wife and I want Anne to have the same opportunities, experiences and dreams as our other two children.
The ABLE Act will provide access to tax-free saving accounts through the current 529 program, creating opportunities for families to save and cover qualified expenses such as postsecondary education, housing, transportation, workforce development and medical expenses not covered by insurance.
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