S.651: ABLE Age Adjustment Act

About This Bill

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Bill Summary

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.)

(Source: Library of Congress)

Bill Actions

Date Description
March 5, 2019
Read twice and referred to the Committee on Finance.
March 5, 2019

Introduced in the Senate by Bob Casey (D-Pa.)

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