From March 4th, 2009

Help Get the ABLE Accounts Act Passed

Dear Autism Advocate, The ABLE Accounts Act of 2009 – or Achieving a Better Life Experience Act – has been introduced in Congress. S.493 and H.R. 1205 will encourage individuals with autism and other disabilities and their families to save, tax-free, for disability-related expenses. Similar in many respects to existing 529 college savings plans, these accounts will be exempt from federal taxation, provided certain rules are met. Robert Casey (D-PA), Orrin Hatch (R-Utah), and Christopher Dodd (D-CT) introduced S. 493, with Senators Richard Burr (R-NC), Edward Kennedy (D-MA), and Sam Brownback (R-KS) signing on as the bill’s original co-sponsors. Senator…