House Republican Conference Chair Cathy McMorris Rodgers (R-WA) released the following statement in honor of the 28th anniversary of the Americans With Disabilities Act.
“The Americans With Disabilities Act gave more than 50 million Americans with disabilities, just like my son Cole, the chance to pursue their dreams and be defined only by their potential — not their limitations. 28 years after President George H.W. Bush signed this landmark legislation into law, we continue to celebrate how it has affirmed the dignity of every person no matter the challenges they may face.
“For me, helping people with disabilities reach their full potential is not just good policy, it’s personal. As we look back on the legacy of the ADA, its critical that we are also building a future where we focus on people’s abilities, their God-given talents, and all that they have to offer. Just like we did in tax reform with my ABLE 2.0 provisions, our work must continue to close the gap between the 70 percent of Americans with disabilities who look for employment and the fraction of those who find it. In a booming economy with more than 6 million open jobs, people living with a disability deserve every chance to seize those opportunities because a job is so much more than a paycheck. It’s a foundation for a better life.”
Note: On the 25th Anniversary of the Americans with Disabilities Act, McMorris Rodgers penned an op-ed featured on CNN.com about the next frontier of empowering people with disabilities by breaking down barriers to employment. To help more people with disabilities find a job that gives them independence and a purpose, key provisions of the Chair’s “ABLE 2.0” legislative package became law in the Tax Cuts & Jobs Act.
- ABLE to Work Act: This legislation would allow an ABLE beneficiary who earns income for a job to save up to the Federal Poverty Level, in addition to their annual contribution limit of $14,000. This is targeted to assist only those disabled individuals who cannot contribute to an employer retirement saving plan.
- ABLE Financial Planning Act: This legislation allows for rollovers from a 529 to a 529A account, but still maintains the annual contribution limit of $14,000. This would allow individuals who may have been saving for their child’s college tuition, which is now no longer needed, to rollover up to the maximum contribution each year until the 529 account has been depleted.