Using individual differences approaches, a growing body of literature finds positive associations between musicality and language-related abilities, complementing prior findings of links between musical training and language skills. Despite these associations, musicality has been often overlooked in mainstream models of individual differences in language acquisition and development. To better understand the biological basis of these individual differences, we propose the Musical Abilities, Pleiotropy, Language, and Environment (MAPLE) framework. This novel integrative framework posits that musical and language-related abilities likely share some common genetic architecture (i.e., genetic pleiotropy) in addition to some degree of overlapping neural endophenotypes, and genetic influences on musically and linguistically enriched environments. We review and discuss findings from over seventy studies in the literature demonstrating that individual differences in musical aptitude (i.e., rhythm and tonality skills) are robustly correlated with a wide range of speech-language skills that are foundational for effective communication, including speech perception, grammatical abilities, reading-related skills, and second/foreign language learning. From this body of work we conclude that musical abilities are intertwined with speech, language, and reading development over the lifespan. Drawing upon recent advances in genomic methodologies for unraveling pleiotropy, we outline testable predictions for future research on language development and how its underlying neurobiological substrates may be supported by genetic pleiotropy with musicality.