Bill
SB 1436
Qualified ABLE Program.
SB 1436 modifies California's ABLE savings program for disabled individuals, potentially expanding tax-advantaged account access while protecting means-tested benefit eligibility.
Bill
SB 1436
SB 1436 modifies California's ABLE savings program for disabled individuals, potentially expanding tax-advantaged account access while protecting means-tested benefit eligibility.
SB 1436 proposes modifications to California's ABLE (Achieving a Better Life Experience) program, which allows individuals with disabilities to save money in tax-advantaged accounts without losing means-tested benefits. The bill has been recently introduced and is currently in the Rules Committee for assignment to substantive committees.
ABLE accounts serve approximately 400,000+ beneficiaries nationally and provide critical financial independence tools for people with disabilities. Changes to California's ABLE program could affect thousands of state residents' ability to save for education, housing, employment support, and other disability-related expenses while maintaining access to government assistance programs like SSI and Medicaid.
Compiled from official sources — confirm details with the bill’s official record.
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