HR 4672
ABLE Employment Flexibility Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The ABLE Employment Flexibility Act allows employers to contribute to ABLE (Achieving Better Life Experience) accounts for their employees instead of, or in addition to, making contributions to traditional retirement plans. This means individuals with disabilities and their families can save for future expenses without impacting their retirement savings. The bill clarifies how these contributions are treated for tax purposes and ensures that employers can offer this option to their employees. It also updates regulations to encourage employers to inform employees about this potential benefit.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Brad R. Wenstrup
Earl Blumenauer
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.