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ABLE Employment Flexibility: Employer Contributions to ABLE Accounts Instead of Retirement

This new law allows employers to contribute to ABLE accounts for individuals with disabilities, instead of traditional retirement plans. This enables eligible ABLE individuals to save money without risking the loss of social benefits, providing greater financial flexibility and security.
Key points
Employers can now contribute directly to ABLE accounts for employees with disabilities, instead of their retirement plans.
These contributions are treated as if made by the beneficiary, helping to prevent the loss of social benefits.
The act encourages employers to inform employees about ABLE account contribution options, especially those opting out of retirement plans.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2459
Sponsor: Sen. Klobuchar, Amy [D-MN]
Process start date: 2025-07-24
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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 Employment Flexibility Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2459.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-24.

What are the main provisions?

Key points include:

  • Employers can now contribute directly to ABLE accounts for employees with disabilities, instead of their retirement plans.
  • These contributions are treated as if made by the beneficiary, helping to prevent the loss of social benefits.
  • The act encourages employers to inform employees about ABLE account contribution options, especially those opting out of retirement plans.
What is the specific legal status?

The current status is Introduced.

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 Sen. Klobuchar, Amy [D-MN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Benefits Taxes Labor