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Main Subject: Taxation

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.)

S331-117, S4808-117,

House floor actions Actions

IntroReferral
Feb. 23 2021	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Feb. 23 2021	Introduced in House Introduced in House

House bill HR1219-117

ABLE Age Adjustment Act

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