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.)
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2021-02-22 | IntroReferral | Read twice and referred to the Committee on Finance. | Senate |
| 2021-02-22 | IntroReferral | Introduced in Senate | Library of Congress |