119th (2025–2027)
H.R. 9384
This bill increases the savings limit for ABLE accounts, which are special savings accounts for people with disabilities. Currently, individuals can save up to $100,000 in an ABLE account without losing their Supplemental Security Income (SSI) benefits, but this bill raises that limit to $150,000 starting in 2026. After 2026, the limit will automatically adjust each year based on inflation, ensuring the account limits keep pace with the rising cost of living. The Social Security Administration must announce the new limit each year by November 1 before it takes effect. The change affects people with disabilities who rely on SSI benefits and want to save money without being penalized by reduced government assistance.