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.)
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2017-04-04 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2017-04-04 | IntroReferral | Introduced in House | Library of Congress |