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Increased Age Limit for ABLE Savings Programs

This new law raises the age limit for individuals eligible for ABLE savings programs from 26 to 46. This change allows more people with disabilities to save money without losing crucial government benefits, making it easier for them to manage their finances and improve their quality of life.
Key points
The age limit for ABLE programs increases from 26 to 46.
More individuals with disabilities will be able to benefit from tax-advantaged savings.
The changes will apply to tax years beginning after the law's enactment.
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Additional Information
Print number: 117_HR_1219
Sponsor: Rep. Cárdenas, Tony [D-CA-29]
Process start date: 2021-02-23
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

ABLE Age Adjustment Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1219.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-23.

What are the main provisions?

Key points include:

  • The age limit for ABLE programs increases from 26 to 46.
  • More individuals with disabilities will be able to benefit from tax-advantaged savings.
  • The changes will apply to tax years beginning after the law's enactment.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Cárdenas, Tony [D-CA-29].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

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