Summary: S.816 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for S.816. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (04/04/2017)

ABLE Financial Planning Act

This bill amends the Internal Revenue Code to allow tax-free rollovers of amounts in qualified tuition programs (529 plans) to qualified ABLE programs. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.)