A bill to direct Federal agencies to provide information on ABLE accounts and to provide grants for increasing awareness of ABLE accounts.

Bill 118 s 4910, also known as the ABLE Information Act, is a piece of legislation that aims to increase awareness and understanding of ABLE accounts among individuals with disabilities and their families. ABLE accounts are tax-advantaged savings accounts that can be used to cover qualified disability expenses without jeopardizing eligibility for certain government benefits.

The bill directs Federal agencies to provide information on ABLE accounts to the public, including details on how to open and manage an account, as well as the benefits and limitations of these accounts. Additionally, the bill provides grants for organizations and entities that work to increase awareness of ABLE accounts and educate individuals on how to utilize them effectively.

Overall, the ABLE Information Act seeks to empower individuals with disabilities and their families by providing them with the knowledge and resources needed to take advantage of ABLE accounts and improve their financial security and independence.