Senator Schmitt Introduces Bipartisan Effort to Expand Savings Options for Employees WITH Disabilities
WASHINGTON –U.S. Senator Eric Schmitt (R-MO) helped introduce theABLE Employment Flexibility Act,a bipartisan bill which allows employers of individuals with disabilities to contribute to their ABLE accounts as if they were a 401(k) without making the beneficiary ineligible for federal benefits.
“Individuals with disabilities who work deserve the same access to employment benefits as their peers. This bipartisan legislation provides greater flexibility to employers and allows workers with disabilities to build secure financial futures without jeopardizing the federal benefits they need to live fulfilling and productive lives,”said Senator Schmitt.
Senator Schmitt introduced this legislation alongside Senators Amy Klobuchar (D-MN), Jerry Moran (R-KS), and Chris Van Hollen (D-MD).
Background:
###
9204a9ba-14be-4daf-a34b-35d5766bafcbIssued within 24 hours
Other senators' releases published in the day before or after this one.