S. 627, known as the "Ensuring Nationwide Access to a Better Life Experience Act" or the "ENABLE Act," seeks to amend the Internal Revenue Code of 1986. The bill aims to make permanent certain provisions related to qualified ABLE (Achieving a Better Life Experience) programs,...
Simple Explanation
S. 627 is a bill that wants to change the rules so that people with disabilities can always save more money in special accounts (called ABLE accounts) without it stopping them from getting help from the government, and it also lets them move money from college savings accounts to these special accounts for as long as they need.