ABLE to Work Act of 2017
This bill amends the Internal Revenue Code, with respect to ABLE accounts (tax-exempt savings accounts for persons with a disability), to allow: (1) an ABLE account beneficiary to make additional contributions to an ABLE account equal to the lesser of such beneficiary's compensation or an amount equal to the federal poverty line for a one-person household, and (2) a retirement savings tax credit for contributions to an ABLE account.
| 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 |