Treasurer Promotes Savings Accounts For Missourians With Disabilities

Missouri Treasurer Scott Fitzpatrick marked his 100th day in office by visiting St. Louis Children’s Hospital Wednesday to promote a savings program for people with disabilities.

Gov. Mike Parson appointed Fitzpatrick to become treasurer in January. He succeeded Eric Schmitt, who resigned to become attorney general.

Fitzpatrick is seeking to get more people to sign up for ABLE accounts. Those allow Missouri residents with disabilities to save tax-free money without losing benefits such as Social Security Disability Insurance.

One of the things that Fitzpatrick is trying to do is get employers to directly deposit money from their paycheck into ABLE accounts. He recently secured such an arrangement with CoxHealth.

https://news.stlpublicradio.org/post/treasurer-promotes-savings-accounts-missourians-disabilities