PRESS RELEASE
Treasurer Fitzpatrick Recognizes #ABLEtoSave Month
Jefferson City, MO – Missouri State Treasurer Scott
Fitzpatrick today recognized #ABLEtoSave Month. Sponsored by the ABLE National Resource Center, #ABLEtoSave
Month strives to increase awareness about ABLE programs and their valuable
benefits for individuals with disabilities. Throughout August, the Treasurer’s
Office has posted #ABLEtoSave facts on social media platforms.
“ABLE programs, including Missouri’s MO ABLE, can have a life-changing impact
on the lives of individuals with disabilities,” Treasurer Fitzpatrick said. “Empowering
individuals with disabilities to save their own money without the fear of
losing their federal benefits was a huge step forward. Now, we must continue
working to spread the word.” Treasurer
Fitzpatrick continues to advocate on behalf of Missourians with disabilities. Earlier
this week, Treasurer Fitzpatrick joined fellow state treasurers and ABLE plan
administrators in calling on the Social Security Administration to provide more
clarity on issues relating to representative payees and back pay as they relate
to ABLE accounts. A copy of the letter can be found here.
In
July, Treasurer Fitzpatrick called on congressional legislators to expand
access to the ABLE program by passing the ABLE Age Adjustment Act. Read more here.
MO ABLE currently has 1,630 accounts and over $11.3 million in assets under
management, making it one of the largest ABLE programs in the country. Launched
in 2017, MO ABLE allows individuals with disabilities and their families to
save up to $15,000 per year, tax-free, without losing federal benefits like
Medicaid and SSI. For more information about the MO ABLE program and to take an
eligibility quiz, visit moable.com. ### Follow the Treasurer’s Office on Twitter,
Facebook, and Instagram @motreasurer.
