Sponsor
Debbie Dingell
Representative · D-MI
Representative · D-MI
The bill protects and preserves more ABLE-account savings for people with disabilities and adds predictable, inflation-indexed rules, at the cost of modestly higher SSI outlays and some risk of reduced targeting of benefits.
People with disabilities can keep up to $150,000 in ABLE account resources (starting in 2026) without losing SSI eligibility, protecting savings for disability-related expenses.
People with disabilities benefit from an ABLE exclusion that is indexed to inflation so the exclusion's real value is preserved over time, preventing gradual erosion of savings protection.
People with disabilities and their planners get better predictability because the Social Security Commissioner must publish the annual adjusted ABLE threshold by November 1 each year, aiding budgeting and benefit planning.
Taxpayers may face modestly higher SSI program costs because more ABLE-account resources will be excluded from asset tests.
Low-income individuals could see weaker program targeting if beneficiaries with other means use larger ABLE exclusions to retain SSI benefits, potentially reducing aid concentration on the neediest.
Based on analysis of 2 sections of legislative text.
Sets ABLE account SSI resource exclusion at $150,000 in 2026 and requires annual CPI‑U indexing thereafter.
Raises and indexes the amount of money allowed in an ABLE account without counting against Supplemental Security Income (SSI) eligibility. It sets the exclusion threshold at $150,000 for calendar year 2026 and requires the Social Security Commissioner to increase that threshold each year by at least the prior-year amount or by the prior-year amount adjusted for inflation (CPI-U). The Commissioner must publish the annual adjusted amount in the Federal Register by November 1 before each calendar year. The change modifies the Stephen Beck, Jr., ABLE Act of 2014 to provide an explicit, inflation‑adjusted formula for the SSI resource exclusion for ABLE accounts and includes a minor technical redesignation of a subsection.
Official title: To amend the Stephen Beck, Jr., ABLE Act of 2014 to adjust the amounts in ABLE accounts excluded from consideration with respect to the Supplemental Security Income Program, and for other purposes.
Introduced June 22, 2026 by Debbie Dingell · Last progress June 22, 2026