WASHINGTON, D.C. -- Vice President Biden hosted an event at the White House with Members of Congress to highlight the benefits and achievements of the ABLE (Achieving a Better Life Experience) Act. The Act creates a new savings account for families with people with disabilities. These tax-preferred accounts allow families to save for future disability-related expenses without losing Medicaid and Social Security benefits.
Joe Biden addressed members of Congress, parents and families from the Indian Treaty Room of the Eisenhower Executive Office building, commending congress for their bi-partisan effort to pass the ABLE Act. Watch the ceremony above (begins at 37:00 minute mark).
“We have to continue to do more, and I want to say a thank you to the parents, siblings, friends living with a disability who did everything they could… in order to get this law passed,” Vice President Biden said.
"This is not only a moral imperative, but an economic one..." Biden added.
Read more about the ABLE Act at the links below: