ABLE – “Achieve a Better Life Experience”– Federal Legislation : What You Need to Know About the Proposed Law By Bridget O’Brien Swartz

Jaburg Wilk
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At the urging of a number of national disability advocacy groups, federal legislation to “Achieve a Better Life Experience”, more commonly known as “ABLE,” has been proposed once again in both houses of Congress (HR 3423 and SB 1872) in November 2011. The Senate version has been referred to the Senate Committee on Finance and the House version to the House Subcommittee on Health.

The legislative purpose for this initiative is two-fold:

(1) To encourage and assist individuals and families in saving private funds for the purpose of supporting individuals with disabilities to maintain health, independence, and quality of life; and

(2) To provide secure funding for disability-related expenses on behalf of designated beneficiaries with disabilities that will supplement, but not supplant, benefits provided through private insurances, the Medicaid program, the Supplemental Security Income (SSI) program, the beneficiary’s employment, and other sources....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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