Missouri Treasurer Partners with O’Fallon Chamber of Commerce and Industries

Treasurer Fitzpatrick Partners with O’Fallon Chamber of Commerce and Industries to Promote Inclusion and Equity for Employees with Disabilities

O’Fallon, MO (STL.News) Missouri State Treasurer Scott Fitzpatrick today announced a new partnership with the O’Fallon Chamber of Commerce and Industries to promote an initiative encouraging inclusion and equity for employees with disabilities.  The Treasurer is encouraging Missouri businesses to make it easier for employees with disabilities to save by adding direct deposit opportunities for MO ABLE accounts.

“Missouri’s businesses are leaders in their communities and I am grateful to the O’Fallon Chamber for partnering with us to encourage financial independence for employees with disabilities,” Treasurer Fitzpatrick said.  “Adding direct deposit for MO ABLE accounts is a small thing business owners across the state can do that can have a big impact.”

“The O’Fallon Chamber of Commerce is proud to partner with Treasurer Fitzpatrick to encourage businesses in our region to promote equity and inclusion for Missourians with disabilities,” Kathy Duck, President & CEO, O’Fallon Chamber of Commerce and Industries, said.  “Missourians with disabilities are an important part of our workforce and we support this initiative to provide tools to help them save for the future.”

October is National Disability Employment Awareness Month.  Throughout the month of October, Treasurer Fitzpatrick will participate in a number of events across the state to raise awareness and increase access and opportunity for individuals with disabilities.

Earlier this month, the Treasurer announced partnerships with the Missouri Chamber of Commerce and Industry, the St. Louis Regional Chamber, and the Columbia Chamber of Commerce.

The Treasurer also launched a new informational video to provide a simple overview of the MO ABLE program for Missourians with disabilities and their families.  The video was produced in partnership with the UMKC Institute for Human Development and the Missouri Developmental Disabilities Council.

MO ABLE currently has 1,698 accounts and over $11.6 million in assets under management, making it one of the largest ABLE programs in the country.

Launched in 2017, MO ABLE allows individuals with disabilities and their families to save up to $15,000 per year, tax-free, without losing federal benefits like Medicaid and SSI.  For more information about the MO ABLE program and to take an eligibility quiz, visit moable.com.

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