What is the official ID of this bill?

The official print number for this legislation is S 331.

When did the legislative process begin?

The process officially started on 2021-02-22.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/117/bills/s331/BILLS-117s331is.htm

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

Who is the primary sponsor?

The primary sponsor is Sen. Casey, Robert P., Jr. [D-PA].

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Analysis and Potential Impact of S 331

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

Increasing Age Limit for ABLE Savings Programs

Q: What are the main provisions?

Key points include: Increases the age of eligibility for ABLE accounts from 26 to 46. More individuals with disabilities can save money tax-free for qualified expenses.

This act raises the age limit for individuals eligible to open ABLE savings accounts from 26 to 46. This change allows more people with disabilities to save money without losing their public benefits, making it easier for them to manage their finances for the future.

Key points

Increases the age of eligibility for ABLE accounts from 26 to 46.

More individuals with disabilities can save money tax-free for qualified expenses.

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Status:

Expired

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Additional Information

ABLE Age Adjustment Act

Print number: S 331

Sponsor: Sen. Casey, Robert P., Jr. [D-PA]

Process start date: 2021-02-22

System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.

Summarized by: gemini-2.5-flash-preview-05-20

Source data: api.congress.gov

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Increasing Age Limit for ABLE Savings Programs

Key Questions about Increasing Age Limit for ABLE Savings Programs