(NASHVILLE) — The Tennessee Treasury Department has officially launched ABLEtn.gov spotlighting a new law sponsored by Senator Becky Duncan Massey (R-Knoxville) to help individuals with disabilities. This new site will keep Tennesseans informed about the implementation of Tennessee’s Achieving a Better Life Experience Program, ABLE TN.
“The purpose of this new law is to encourage and assist individuals and families to save private funds to support individuals with disabilities,” said Senator Massey. “The private funds saved through the ABLE program supplements benefits provided by private insurance and medical benefits, supplemental social security income, the accounts beneficiary income as well as other sources to help these citizens with essential needs of life. This will help these individuals to have the flexibility and independence they need to achieve a better life.”
The website will be a source for the latest ABLE TN news and provide visitors with an opportunity to register to receive updates regarding the development of the program. It also contains FAQs about the program.
Massey said the ABLE program provides eligible individuals with disabilities the same types of flexible savings tools that all other Americans have through college savings accounts, health savings accounts and individual retirement accounts, consistent with the federal legislation passed last December. It allows individuals with disabilities to pay for expenses including but not limited to education, housing, transportation, employment, employment training and support, assisted technology, personal support services, and funeral and burial expenses.
The State Treasurer is responsible for the implementation and operation of the program under the new law.
“I am very pleased with the work done by Treasurer David Lillard and his staff in their work to implement the ABLE program in Tennessee and to help citizens take advantage of it through this website,” added Massey. “It provides incredible assistance in explaining how the program works and how it can help those who are eligible for this program. We hope that many individuals and families with disabilities will benefit from this new law.”