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 | Read twice and referred to the Committee on Finance. | Senate |
| 2017-04-04 | IntroReferral | Introduced in Senate | Library of Congress |