Marywood University News

ABLE Act Press Conference and Resource Fair

The University will host the Pennsylvania Achieving a Better Life Experience (ABLE) Act Anniversary event on Friday, April 20, 2018, from 9 a.m. to 12:30 p.m., at the Nazareth Student Center, in the Latour Room. At 11 a.m., Sister Mary Persico, IHM, Ed.D., president of Marywood University, will introduce Senator Robert Casey and Joseph M. Torsella, state treasurer for the Commonwealth of Pennsylvania, who will give a Press Conference on the Pennsylvania ABLE Act. The press conference and anniversary celebration with a resource fair are free and open to the public.

Modeled after college savings accounts, the ABLE Act Amends Section 529 of the Internal Revenue Service Code of 1986 to create tax-advantaged savings accounts for individuals with disabilities. These tax-advantaged savings accounts can be used to cover qualified disability expenses such as, but not limited to: Education, and housing and transportation. ABLE accounts allow individuals, with qualifying disabilities, and their families to save for a wide range of disability-related expenses.