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United States · Bill · HR

H.R. 1219 (117th)

ABLE Age Adjustment Act

referredUnited States· United States Congress· EN

Introduced

23 February 2021

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

ABLE Age Adjustment Act This bill increases from 26 to 46 the age threshold for tax-favored ABLE (Achieving a Better Life Experience) accounts. (ABLE accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses. To establish an account, an individual must have a qualifying impairment that began before the individual attained the age threshold.)

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Documents

3 official files

Introduced in House (text)

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Sources

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