Three bills introduced in Congress this month would make changes to the ABLE Act. (Thinkstock)

Legislation introduced this week by a bipartisan group of senators would raise the eligibility age for ABLE accounts from 26 to 46. Last year, disability advocates warned that the ABLE program could be unsustainable without changes to the program to substantially increase the number of account holders. According to the National Association of State Treasurers, 390,000 accounts are needed by June 2021 for ABLE programs to achieve “bare bones sustainability,” given the cost of operating the programs. By the end of last year, there were 34,707 ABLE accounts open.