Treasurer Josh Mandel Receives the 2018 Champion of Change Award from the National Down Syndrome Society
COLUMBUS – Ohio Treasurer Josh Mandel and the Ohio Treasurer’s office recently received the 2018 Champion of Change Award from the National Down Syndrome Society. Treasurer Mandel was recognized for the launch of STABLE Account, the nation’s first savings and investment account for people with disabilities.
STABLE Accounts are made possible by the federal Achieving a Better Life Experience (“ABLE”) Act passed by Congress in 2014. STABLE Accounts allow individuals with disabilities the opportunity to save and invest money without losing eligibility for certain public benefits programs. Earnings in STABLE Accounts are not subject to federal income tax, so long as funds are spent on qualified disability expenses.
On June 1, 2016, Ohio became the first state in the country to offer enrollment for eligible individual with disabilities, and the Treasurer’s office continues to be looked at as a national leader in this initiative. STABLE Accounts are available for enrollment for individuals with disabilities nationwide.
“I am proud to have received the National Down Syndrome Society’s 2018 Champion of Change Award,” said Treasurer Mandel. “As the first state in the country to launch STABLE Accounts for individuals with disabilities nationwide, Ohio is leading the charge on this important issue. By assisting individuals and families with saving and investing, we are supporting persons with disabilities to maintain health, independence and quality of life.”
“The National Down Syndrome Society is proud to honor individuals, organizations and members of Congress who have championed issues facing the entire Down syndrome community,” NDSS President and CEO Sara Weir said. “These advocates and groups have championed initiatives that have led us closer to achieving the NDSS mission of a world in which all people with Down syndrome have the opportunity to enhance their quality of life, realize their life aspirations and become valued members of welcoming communities.”
The National Down Syndrome Society (NDSS), founded in 1979, is the leading human rights organization for all individuals with Down syndrome.
For more information, visit stableaccount.com.