Senate bill S4911-118

Finance Committee

ABLE Employment Flexibility Act

• Last activity on Jul 31, 2024

• Introduced Jul 31, 2024

• By Sen. Casey, Robert P., Jr. [D-PA]

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ABLE Employment Flexibility Act

This bill permits employers to make tax-exempt contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account pays the expenses (e.g., food, education, housing, transportation, employment training and support, and health care expenses) of a designated beneficiary who is disabled.

Senate Actions

IntroReferral
Jul. 31 2024	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Jul. 31 2024	Introduced in Senate

Senate bill S4911-118

ABLE Employment Flexibility Act

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