ABLE Age Adjustment Act

United States117th CongressS-331Senate
Updated: Feb 22, 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

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-1219: ABLE Age Adjustment Act

Introduced in House

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

    Senate

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