Tax-Free Savings Plan For Disabled Receives Unanimous Approval

 

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HARRISBURG – In every way, policies and programs designed for individuals who have a disability should aim at helping them achieve the greatest level of independence their capabilities and spirit allow.  That is the purpose of legislation introduced by Sen. Lisa Baker, R-20, which received unanimous approval today and heads shortly to the governor.

Pennsylvania’s Achieving a Better Life Experience Act, or PA ABLE as it is known, is a savings program similar to the popular and successful tuition plans many parents have used to help pay for college.  Intended to alleviate some of the financial challenges faced by families raising and caring for those with disabilities, the accounts would allow families to continue to receive essential services while also planning for the future.  Setting aside money to overcome barriers or for protection against serious setbacks would be encouraged instead of being penalized.

“In my experience, no one works more diligently and more passionately than disability advocates, and that includes groups, families, and individuals who relate their personal stories,” Baker said.  “For them, this is a victory well-earned and well-deserved.”

Contact:

Andrew M. Seder
aseder@pasen.gov
(570) 226-5960