Colleen C. Davis is the Delaware state treasurer. (Photo: Courtesy of the state treasurer's office.)

Delaware Treasurer Colleen Davis writes in support of federal legislation that would raise the maximum age of eligibility to open an ABLE account from 26 to 46. ABLE accounts are savings accounts with certain tax benefits available to people with disabilities. An estimated 0.5 percent of eligible U.S. residents have an ABLE account and the national association of state treasurers has warned that without a large infusion of new money – as would likely happen with an eligibility expansion – the program may collapse.