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ABLE Employment Flexibility Act

8/9/2025, 3:38 AM

Summary of Bill S 2459

This bill, designated as S. 2459 in the 119th Congress, aims to amend the Internal Revenue Code to permit employers to contribute to ABLE accounts instead of making contributions to retirement plans. Introduced on July 24, 2025, the bill seeks to provide this alternative option for employer contributions, potentially impacting how individuals save for their future financial security.

Current Status of Bill S 2459

Bill S 2459 is currently in the status of Bill Introduced since July 24, 2025. Bill S 2459 was introduced during Congress 119 and was introduced to the Senate on July 24, 2025.  Bill S 2459's most recent activity was Read twice and referred to the Committee on Finance. as of July 24, 2025

Bipartisan Support of Bill S 2459

Total Number of Sponsors
2
Democrat Sponsors
2
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
1
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2459

Primary Policy Focus

Alternate Title(s) of Bill S 2459

A bill to amend the Internal Revenue Code to allow employers to contribute to ABLE accounts in lieu of retirement plan contributions.
A bill to amend the Internal Revenue Code to allow employers to contribute to ABLE accounts in lieu of retirement plan contributions.

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