Jefferson Reporter

U.S. Senators Katie Britt and Eric Schmitt have reintroduced the Ensuring Nationwide Access to Better Life Experience (ENABLE) Act, which aims to provide tax-free savings opportunities for individuals with disabilities and their families. This legislation seeks to protect eligibility for federal programs such as Medicaid and Supplemental Security Income (SSI).

Senator Britt emphasized the act's potential impact, stating, "The ENABLE Act would empower families and enhance economic opportunities for Americans with disabilities. Every child deserves a pathway to reach their full potential, and this legislation would enable just that—by providing opportunities to invest and save towards their futures."

The ENABLE Act intends to permanently establish three Achieving a Better Life Experience (ABLE) provisions: ABLE to Work, ABLE Saver’s Credit, and 529 to ABLE rollover. These provisions are currently set to expire this year.

Senator Schmitt expressed his commitment by sharing his personal connection: "I was proud to lead the introduction of the ENABLE Act in the 118th Congress... I entered public service to fight for people like my son Stephen... It’s a common-sense solution that provides an easy fix for those who depend on ABLE Accounts."

In September 2024, Senator Britt joined Senator Schmitt in a roundtable discussion about the ENABLE Act. Alabama State Treasurer Young Boozer also participated in this event. During her remarks at the roundtable, Senator Britt acknowledged Alabama's efforts: "I’m also proud of the work that Alabama has done... in its own ABLE Savings Plan program – and particularly the leadership of our Treasurer."

The Alabama ABLE Savings Plan was launched by the State Treasury Office in February 2017. Established in 2014, these accounts allow individuals with disabilities and their families to save through tax-free savings accounts while maintaining eligibility for federal programs like Medicaid and SSI.