Senate Bill 668 is Signed into Law, Implementing ABLE Saving Accounts

Wisconsin state capitol during the daytime.

On April 4, 2024, Governor Evers signed Senate Bill 668 into law, which directs the Wisconsin Department of Financial Institutions to create an ABLE (Achieving a Better Life Experience) savings account program for people with disabilities.

ABLE accounts are saving accounts for people with disabilities. They can be used to pay for expenses that happens when living with a disability. Some of these expenses can be rent for accessible housing, buying needed assistive technology, or healthcare and caregiving costs. Most importantly, money in a person’s ABLE account will not affect their eligibility for benefits programs such as Social Security Insurance (SSI), Medicaid, and food stamps.

Disability Rights Wisconsin applauds the signing of Senate Bill 668! People with disabilities will now be able to afford more of their expenses without having to worry about losing their access to needed support, services, and other benefits.