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Press Release: Klobuchar and Schmitt Reintroduce Bipartisan ABLE Employment Flexibility Act

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Senators Klobuchar and Schmitt reintroduced the ABLE Employment Flexibility Act, allowing employer contributions to ABLE accounts for disabled employees.

Quiver AI Summary

U.S. Senators Amy Klobuchar and Eric Schmitt have reintroduced the ABLE Employment Flexibility Act, bipartisan legislation aimed at allowing employers to contribute to employees' Achieving a Better Life Experience (ABLE) accounts instead of traditional retirement plans. This act seeks to enable workers with disabilities to build financial security while maintaining their federal benefits.

Klobuchar stated, "This bipartisan legislation will help people with disabilities... save for the future," while Schmitt emphasized the need for equal access to benefits for individuals with disabilities. The bill is also co-sponsored by Senators Chris Van Hollen and Jerry Moran.

The legislation builds on the success of the original ABLE Act, established in 2014, which has enabled many individuals with disabilities to save without losing eligibility for essential federal programs. The new measure aims to further empower these workers in their financial planning.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Amy Klobuchar Net Worth

Quiver Quantitative estimates that Amy Klobuchar is worth $2.1M, as of August 15th, 2025. This is the 242nd highest net worth in Congress, per our live estimates.

Klobuchar has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Amy Klobuchar's net worth on Quiver Quantitative's politician page for Klobuchar.

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You can track bills proposed by Amy Klobuchar on Quiver Quantitative's politician page for Klobuchar.

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You can see the disclosure here, or track Amy Klobuchar's fundraising on Quiver Quantitative.

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