VIDEO: Rep. Kevin Yoder Celebrates the Launch of ABLE Accounts in Kansas
Washington, D.C. – Today, Representative Kevin Yoder (R-KS) celebrates the launch of the first Achieving a Better Life Experience (ABLE) account in Kansas. Although Representative Yoder was unable to attend today’s launch in person, he appeared by video to applaud the opening of the first ABLE Savings program, which will help individuals with disabilities and their families better prepare themselves for a financially secure and independent future.
Representative Yoder was a cosponsor of the ABLE Act which passed and was signed into law in December 2014. The law amended Section 529 of the Internal Revenue Code to create tax-free savings accounts for individuals with disabilities. The Kansas State Legislature then had to pass a state law and the Kansas State Treasurer’s Office worked to implement and launch the program today.
The following are Rep. Yoder’s remarks:
“Good morning everyone, I'm so sorry I can't be with you all to celebrate this amazing day as we launch the first Kansas ABLE Accounts. But, I couldn't let this moment pass without congratulating everyone who worked so hard to make this day a reality.
“I first learned of the ABLE Act when Rachel Mast of Olathe walked into my office in Washington, DC and made sure that she didn't leave until I was a committed supporter. Her advocacy and that of her parents, Jawanda and Jonathan, along with hundreds of families all across the country ensured that this bill finally passed Congress and was signed into law. Thanks to the Masts and every family who fought so hard to make this dream a reality. They showed that real people still matter in the halls of Congress.
“Going forward, these ABLE accounts will help thousands of individuals with disabilities and their families realize their dreams, even of someday living in a pink house. I want to thank Kansas State Treasurer Ron Estes, State Rep. Erin Davis, and all those who helped ensure Kansas launched the ABLE Act.
“Today is a day to celebrate, then it's back to our efforts to pass the ABLE to Work Act, which will expand the ABLE Act to allow participants to work meaning jobs and save those earnings for their future as well.
“Today is a brighter day in Kansas because of all of you and your efforts. Thanks for letting me play a little part in this great success. Congrats to all.”
For information on signing up for an ABLE account, please visit: https://www.kansasstatetreasurer.com/prodweb/education_savings/able.php.
To watch a video of Yoder's remarks, click here.