ABLE MATCH (Making Able a Tool to Combat Hardship) Act

Summary

The bill adds a new provision to the tax code that gives eligible ABLE account holders a matching contribution equal to what they put in, limited to $2,000 per year. The match is paid as a credit that the Treasury deposits directly into the individual's ABLE account, but the amount is reduced for higher‑income filers. It is intended to help people with disabilities grow savings for disability‑related expenses.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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