Federal Legislation News

S 331 / HR 1219 – ABLE Age Adjustment Act

Federal Bills S 331 and HR 1219 support the Dignity Alliance MA Goal 1 – Home and Community-Based Supports and Services improvement and expansion of opportunities. DAM has endorsed this legislation.

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.)