Губернатор Миссури объяснил, как программы MO ABLE и Trump Accounts помогают семьям с инвалидами

Missouri treasurer discusses MO ABLE, Trump Accounts in Callaway and Warren counties Missouri State Treasurer Vivek Malek visited disability service organizations in Fulton and Warrenton on Tuesday to discuss how Missouri’s MO ABLE program and new federal Trump Accounts can help individuals with disabilities and their families build long-term financial security. Malek visited Callaway County Special Services in Fulton and Warren County Pathfinders in Warrenton on Sept. 1 to explain how the programs can help families save and invest for future expenses while protecting access to certain federal and state benefits. The Missouri ABLE program allows eligible individuals with disabilities to save and invest in tax-advantaged accounts without losing eligibility for benefits such as Supplemental Security Income (SSI) and Medicaid. Under SSI rules, individuals generally cannot have more than $2,000 in savings without risking their eligibility for benefits. Eligible individuals can contribute up to $20,000 annually to an ABLE account and accumulate up to $100,000 without affecting SSI benefits. Money in an ABLE account can be used for qualified disability expenses, including housing, education, transportation, health care and assistive technology. Malek also discussed new federal Trump Accounts, which provide $1,000 in federal seed funding for eligible children born between 2025 and 2028. For children with disabilities, Malek said the accounts could provide an early opportunity to build savings that could later be transferred to a Missouri ABLE account. Under current law, the balance of a Trump Account can be rolled into an ABLE account when an eligible child reaches age 17. “These programs are not competitors. They are complements,” Malek said. “One helps families begin building wealth early. The other helps individuals with disabilities preserve and utilize those resources in a way that supports independence and long-term financial security.” Malek also highlighted growth in Missouri’s ABLE program, saying 2025 was the most successful year in the program’s history. He said local elected officials, community leaders and service providers can play an important role in connecting families with information about financial resources available to individuals with disabilities. By helping families understand MO ABLE and Trump Accounts, Malek said community leaders and service providers can help individuals with disabilities build greater financial independence and long-term security.