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S. 818

BillFederalSenateIn Committee
ABLE to Work Act of 2017
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 (15)
8D 7R
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Summary

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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.

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