Lawmakers Call For Incentives To Broaden Access To ABLE Accounts

A new proposal would offer up matching funds to encourage more people with disabilities to open special accounts that allow them to save money without jeopardizing eligibility for government benefits.

The federal government would offer a dollar-for-dollar match for new and existing ABLE accounts for people earning $28,000 or less each year under a bill recently introduced in the U.S. Senate. A similar measure has also been introduced in the House of Representatives.

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