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M&L Special Needs Planning, LLC Presents Discussion of ABLE Act & WIOA
Special needs planning company uses weekly blog post to emphasize the importance of politics to financial and life planning for individuals with disabilities, and examines two of the latest pieces of legislation to affect families with special needs.
The ABLE Act
M&L writes that the ABLE Act is legislation that would allow individuals with disabilities to create tax free savings accounts. These accounts can be used to save for post-secondary education, living expenses, living supports, employment supports, etc. M&L references a quote on the National Down Syndrome Society’s (NDSS) website (http://www.ndss.org/
According to M&L, on July 31st an important bi-partisan vote by the House Ways and Means Committee moved this important piece of legislation even further – the ABLE Act of 2013 H.R 647 was “ordered favorably reported, as amended to the House of Representatives by voice vote.” Sponsors of the bill (U.S. Senators Bob Casey (D-PA), Richard Burr (R-NC) and Representatives Ander Crenshaw (R-FL), Chris Van Hollen (D-MD), Pete Sessions (R-TX) and Cathy McMorris Rodgers (R-WA)) are confident that the success of the Ways and Means vote will provide the necessary momentum to push the Act further – they are hopeful to see it passed and signed into law in September of this year.
Workforce Innovation and Opportunity Act – What Is It?
On July 9th, congress passed the Workforce Innovation and Opportunity Act, “the first legislative reform of the public workforce system in 15 years” by a wide bipartisan majority. On Tuesday, July 22nd President Barack Obama signed this legislation into law.
In their explanation of WIOA, M&L references Washington Senator Patty Murray, who describes it as a “bipartisan, bicameral legislation that will improve our nation’s workforce development system and help put Americans back to work.[ii]” The legislation aims to do this by “reauthorizing and reforming core vsxvo workforce development programs, and by transferring independent living program functions from the Department of Education to the Department of Health and Human Services” – essentially, the restructuring of these programs will help those looking for jobs access the necessary training and support needed to access the jobs. It will also match employers with skilled workers.
How Will WIOA Help My Child with Special Needs?
WIOA is designed to help individuals with disabilities obtain/return to work and lower the high rate of unemployment among that population. Staunch advocate ACCSES (http://www.accses.org/
According to an article in Disability Scoop, the WIAO significantly limits placements at sheltered workshops and other work environments where people with disabilities earn less than minimum wage. In fact, once WIAO comes into effect, it will no longer be legal for individuals under the age of 24 to earn less than the federal minimum of $7.25/hour unless they have received transitional or vocational rehabilitation services. The law does allow for individuals to continue working in their jobs if they have tried competitive employment first, and/or are already employed, and/or have been deemed ineligible for vocational rehabilitation. As well, all state vocational rehabilitation services are required to reach out to schools to provide transition services to all students with disabilities - these agencies must allocate at least 15% of their federal funding toward such transition efforts.
WIOA will come into effect in July of 2015, and the subminimum wage laws will be enacted two years after that. For more information, please visit M&L’s website to read the blog in full.
M&L Special Needs Planning, LLC (http://www.specialneedsplanning.net/
Maedi Tanham Carney