Delaware State Treasurer Colleen Davis is calling on Congress to expand eligibility for the Achieving a Better Life Experience (ABLE) Act.
Both the United States Senate (S. 651) and House of Representatives (HR. 1814) introduced bills to increase the age of onset for individuals with disabilities, allowing them and their families to establish tax-advantaged savings and investments.
Currently, a person can open an ABLE account if his or her disability began before the age of 26. If passed and signed into law, the ABLE Age Adjustment Act will raise the age-of-onset to 46 years old and increase the eligible participants by 6 million Americans.