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H.R. 4794

BillFederalHouseIn Committee
ABLE Financial Planning Act
About This Bill
Committee
Latest Action · March 17, 2016
Referred to the House Committee on Ways and Means.
Congress
114th (2015–2017)
Introduced
March 17, 2016
Cosponsors (17)
6D 11R
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Summary

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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 and from qualified ABLE programs to qualified tuition 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.)

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