To amend the Internal Revenue Code of 1986 to allow rollovers from 529 programs to ABLE accounts.

United States115th CongressHR-1897House of Representatives
Updated: Apr 4, 2017

Summary

ABLE Financial Planning Act This bill amends the Internal Revenue Code to allow tax-free rollovers of amounts in qualified tuition programs (529 plans) to qualified ABLE programs. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.)

Bill texts

Available versions
Introduced (House)View official text

1 version available

All available records shown.

Timeline

Latest companion bill action

S-816: A bill to amend the Internal Revenue Code of 1986 to allow rollovers from 529 programs to ABLE accounts.

Introduced in Senate

  1. Referred to the House Committee on Ways and Means.

    House of Representatives

  2. Introduced in House

All available records shown.