Betsy Rosecan, NOSSCR Government Relations Director

On February 19, 2025, Senator Eric Schmitt (R-MO) introduced S. 627, the Ensuring Nationwide Access to Better Life Experience (ENABLE) Act. This legislation has seven Republican cosponsors and six Democratic cosponsors. S. 627 was referred to the Senate Committee on Finance, where it is awaiting further action. A companion bill has not yet been introduced in the House of Representatives.

S. 627 seeks to improve long-term financial security for individuals with disabilities and their families. Specifically, the legislation would make permanent the following three provisions related to Achieving a Better Life Experience (ABLE) accounts that are set to expire this year: ABLE to Work, ABLE Saver’s Credit, and 529 to ABLE rollovers.

The ABLE to Work provision allows an individual with a disability who is employed to contribute an additional amount to his or her ABLE account. This additional contribution cannot be greater than either: A) the prior year’s federal poverty level for a one-person household ($15,060 in 2024), or B) the beneficiary’s yearly compensation. The ABLE Saver’s Credit allows an individual with a disability who makes qualified contributions to their ABLE account to qualify for a non-refundable saver’s credit of up to $1,000. Finally, the 529 to ABLE rollover allows an individual with a disability to rollover funds from a 529 education savings account to an ABLE account that are less than or equal to the annual ABLE contribution limit.

NOSSCR supports this legislation, which passed the Senate in the 118^th Congress but did not pass the House.

The full bill text is not yet available but will be published here when it becomes available.