ABLE Age Adjustment Act
United States117th CongressHR-1219House of Representatives
Updated: Feb 23, 2021
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.)
Bill texts
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Timeline
Latest companion bill action
S-331: ABLE Age Adjustment ActRead twice and referred to the Committee on Finance.
Referred to the House Committee on Ways and Means.
House of Representatives
Introduced in House
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