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H.R. 1219

BillFederalHouseIn Committee
ABLE Age Adjustment Act
About This Bill
Committee
Latest Action · February 23, 2021
Referred to the House Committee on Ways and Means.
Congress
117th (2021–2023)
Introduced
February 23, 2021
Cosponsors (104)
71D 33R
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Summary

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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.)

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