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ABLE Employment Flexibility Act

USA117th CongressHR-4672| House 
| Updated: 7/22/2021
Thomas R. Suozzi

Thomas R. Suozzi

Democratic Representative

New York

Cosponsors (6)
Tom Cole (Republican)Brad R. Wenstrup (Republican)Andrew R. Garbarino (Republican)Mike Quigley (Democratic)Brian K. Fitzpatrick (Republican)Earl Blumenauer (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
ABLE Employment Flexibility Act This bill permits employers to make tax-exempts contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account is established to pay the expenses (e.g., food, education, housing, transportation, employment training and support, and health care expenses) of a designated beneficiary who is disabled.
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Timeline
Jul 22, 2021
Introduced in House
Jul 22, 2021
Referred to the House Committee on Ways and Means.
  • July 22, 2021
    Introduced in House


  • July 22, 2021
    Referred to the House Committee on Ways and Means.

Taxation

ABLE Employment Flexibility Act

USA117th CongressHR-4672| House 
| Updated: 7/22/2021
ABLE Employment Flexibility Act This bill permits employers to make tax-exempts contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account is established to pay the expenses (e.g., food, education, housing, transportation, employment training and support, and health care expenses) of a designated beneficiary who is disabled.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 22, 2021
Introduced in House
Jul 22, 2021
Referred to the House Committee on Ways and Means.
  • July 22, 2021
    Introduced in House


  • July 22, 2021
    Referred to the House Committee on Ways and Means.
Thomas R. Suozzi

Thomas R. Suozzi

Democratic Representative

New York

Cosponsors (6)
Tom Cole (Republican)Brad R. Wenstrup (Republican)Andrew R. Garbarino (Republican)Mike Quigley (Democratic)Brian K. Fitzpatrick (Republican)Earl Blumenauer (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted