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S. 816

BillFederalSenateIn Committee
ABLE Financial Planning Act
About This Bill
Committee
Latest Action · April 4, 2017
Read twice and referred to the Committee on Finance.
Congress
115th (2017–2019)
Introduced
April 4, 2017
Cosponsors (7)
5D 2R
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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. (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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