ABLE MATCH (Making Able a Tool to Combat Hardship) Act

S 2522 (ABLE MATCH Act) creates a federal matching program for ABLE accounts, providing a 100% match (phased out for higher earners) on contributions up to $2,000 annually for individuals with disabilities earning under 200% of the federal poverty level. It directly affects low-income people with disabilities, particularly those receiving Medicaid or Supplemental Security Income benefits, by adding funds directly to their tax-advantaged savings accounts without risking benefit loss. Key provisions include automatic credit payments to accounts, demographic reporting requirements for ABLE programs, and $5 million in annual grants to states for promoting ABLE account use. The program takes effect for taxable years beginning after December 31, 2026.