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H.R. 4672

BillFederalHouseIn Committee
ABLE Employment Flexibility Act
About This Bill
Committee
Latest Action · July 22, 2021
Referred to the House Committee on Ways and Means.
Congress
117th (2021–2023)
Introduced
July 22, 2021
Cosponsors (6)
2D 4R
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Summary

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ABLE Employment Flexibility Act This bill permits employers to make tax-exempts contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account is established to pay the expenses (e.g., food, education, housing, transportation, employment training and support, and health care expenses) of a designated beneficiary who is disabled.

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