By Jeff Murphy, January 30, 2020
Missouri Treasurer Scott Fitzpatrick, third from left, on Jan. 30 announced the MO ABLE program investment account partnership with the University of Central Missouri. Joining him were, left to right, Bill Hawley, UCM vice president for finance and administration; Roger Best, UCM president; Allison Easterwood, assistant executive director of West Central Independent Living Solutions, Warrensburg; David Pearce, UCM executive director for governmental relations; and Ranea Taylor, YCM associate vice president of human resources.
WARRENSBURG, MO - Missouri State Treasurer Scott Fitzpatrick today announced a partnership with the University of Central Missouri and the MO ABLE program. UCM will begin offering payroll deductions for MO ABLE accounts for employees on Feb. 1.
“Payroll deductions make it easier for individuals with disabilities and parents of children with disabilities to save for the future,” Treasurer Fitzpatrick said. “I am committed to making MO ABLE more accessible so Missourians can make the best use of this program. I thank the University of Central Missouri for this commitment and hope other universities across the state will follow their example.”
“Consistent with our longtime commitment to making the University of Central Missouri a great place to work, we are pleased to partner with Treasurer Fitzpatrick to make payroll deductions for MO ABLE accounts available to our faculty and staff,” said UCM President Roger Best. “MO ABLE accounts enable individuals with disabilities and their families to save and invest, tax-free, providing peace of mind for families and new opportunities for individuals with disabilities. We are proud to support MO ABLE, knowing its potential to positively impact the future of eligible UCM employees.”
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.
UCM employees should contact Human Resources or Payroll Services to establish their payroll deduction once they open an account.