arrow_back Civic Audit
Share share

Clarifying Direct Deposit for ABLE Disability Savings Accounts.

This bill ensures that individuals can use direct deposit (automatic transfers) to contribute money to their ABLE savings accounts. ABLE accounts are special, tax-advantaged savings plans designed to help people with disabilities cover essential expenses. This change makes saving for disability-related needs simpler and more automatic for families and beneficiaries.
Key points
Confirms the right to use direct deposit for contributions to qualified ABLE programs.
Simplifies the process of regularly saving money in tax-advantaged accounts for disability expenses.
article Official text account_balance Process page notifications_active Track this Bill
Status: Expired
Civic Will
Checking votes...
I support
I oppose
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 118_S_4909
Sponsor: Sen. Casey, Robert P., Jr. [D-PA]
Process start date: 2024-07-31