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Massachusetts recently joined over 20 other states in establishing the Achieving a Better Life Experience (ABLE) Program which allows millions of individuals with disabilities to save money in a tax-exempt ABLE account without losing federal disability benefits. In order to spread awareness of this groundbreaking program, Governor Charlie Baker has proclaimed August 2017 “#AbleToSave Month.  The proclamation reads:

 

A Proclamation

 

Whereas According to the U.S. Census, approximately 56.7 million people – 19 percent of the population in the United States – have a disability, including over 780,000 residents of the Commonwealth of Massachusetts; and

 

Whereas Many of these individuals with disabilities rely upon federal benefits such as Medicaid and Supplemental Security Income to foster their independence, maintain their health, support their employment, participate in their communities and enhance their quality of life; and

 

Whereas Prior to the passage of the federal Stephen Beck, Jr. Achieving a Better Life Experience (ABLE) Act in 2014, millions of individuals with disabilities were unable to save more than $2,000 in assets without jeopardizing their eligibility for these critical federal benefits; and

 

Whereas The Commonwealth of Massachusetts has established the Attainable program, joining over 20 states to establish ABLE programs for millions of individuals with disabilities to save money in a tax-exempt ABLE account that does not count towards the $2,000 asset cap; and

 

Whereas Many individuals with disabilities and their families are unaware of the life-changing potential of ABLE accounts or misinformed about the rules regarding these accounts; and

 

Whereas The ABLE National Resource Center (ANRC) (www.ablenrc.org), a collaborative of over 25 national disability organizations whose goal is to provide consistent, reliable information concerning the benefits of an ABLE account, has developed a nationwide campaign, #AbleToSave, to educate individuals with disabilities and their families, the financial sector and other stakeholders about ABLE’s potential positive impact on the lives of millions of Americans with disabilities; and

 

Whereas The goal of the #AbleToSave campaign is to enhance awareness of ABLE accounts as a financial savings tool and to increase the amount of ABLE accounts opened throughout the country; and

 

Whereas The establishment of #AbleToSave Month for the month of August 2017 across the Commonwealth of Massachusetts will encourage all public, consumer, community-based and private sector organizations to provide information and resources to residents of the Commonwealth about ABLE accounts,

 

 

Now, Therefore, I, Charles D. Baker, Governor of the Commonwealth of Massachusetts, do hereby proclaim the month of August 2017, to be,

 

#ABLETOSAVE MONTH

 

And urge all the citizens of the Commonwealth to take

cognizance of this event and participate fittingly in its observance.

 

Given at the Executive Chamber in Boston, this First Day of August, in the year two thousand and seventeen, and of the Independence of the United States of America, the two hundred and forty-first.

 

BY HIS EXCELLENCY

CHARLES D. BAKER

GOVERNOR OF THE COMMONWEALTH

KARYN E. POLITO

LT. GOVERNOR OF THE COMMONWEALTH

WILLIAM FRANCIS GALVIN

SECRETARY OF THE COMMONWEALTH

 

#ABLEtoSave Month proclamation displayed at Massachusetts Office on Disability

#ABLETOSAVE Proclamation

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