Thursday, August 7, 2014

Schumer Optimistic ABLE Act Will Pass

SYRACUSE, N.Y. — New York's senior U.S. Senator said it is time to act and approve the ABLE Act.Charles Schumer said the legislation has overwhelming bi-partisan support on Capitol Hill and should be approved in time for the nation's observance of the 25th anniversary of the Americans with Disabilities Act.Schumer said the bill would offer the benefits of a 401K or a 529 education savings program to parents and friends of the disabled. They could set aside money, tax free, to cover various costs they face.

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