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ABLE Employment Flexibility Act

USA118th CongressS-4911| Senate 
| Updated: 7/31/2024
Robert P. Casey

Robert P. Casey

Democratic Senator

Pennsylvania

Cosponsors (7)
Mazie K. Hirono (Democratic)Tammy Duckworth (Democratic)Amy Klobuchar (Democratic)Chris Van Hollen (Democratic)Bernard Sanders (Independent)Peter Welch (Democratic)Ron Wyden (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
ABLE Employment Flexibility Act This bill permits employers to make tax-exempt contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account pays 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 31, 2024
Introduced in Senate
Jul 31, 2024
Read twice and referred to the Committee on Finance.
Dec 5, 2024

Latest Companion Bill Action

HR 118-10302
Introduced in House
  • July 31, 2024
    Introduced in Senate


  • July 31, 2024
    Read twice and referred to the Committee on Finance.


  • December 5, 2024

    Latest Companion Bill Action

    HR 118-10302
    Introduced in House

Taxation

ABLE Employment Flexibility Act

USA118th CongressS-4911| Senate 
| Updated: 7/31/2024
ABLE Employment Flexibility Act This bill permits employers to make tax-exempt contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account pays 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 31, 2024
Introduced in Senate
Jul 31, 2024
Read twice and referred to the Committee on Finance.
Dec 5, 2024

Latest Companion Bill Action

HR 118-10302
Introduced in House
  • July 31, 2024
    Introduced in Senate


  • July 31, 2024
    Read twice and referred to the Committee on Finance.


  • December 5, 2024

    Latest Companion Bill Action

    HR 118-10302
    Introduced in House
Robert P. Casey

Robert P. Casey

Democratic Senator

Pennsylvania

Cosponsors (7)
Mazie K. Hirono (Democratic)Tammy Duckworth (Democratic)Amy Klobuchar (Democratic)Chris Van Hollen (Democratic)Bernard Sanders (Independent)Peter Welch (Democratic)Ron Wyden (Democratic)

Finance Committee

Taxation

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