HR 6417
Emergency Savings Enhancement Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 13, 2026, 4:10 PM
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- Passed Senate
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Bill overview
The Emergency Savings Enhancement Act of 2025 aims to make it easier for more workers to build up emergency savings. It modifies the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code to expand eligibility for pension-linked emergency savings accounts and increase the maximum amount that can be contributed. Specifically, the bill raises the maximum contribution amount to $5,000 and broadens the definition of who qualifies for these accounts. The changes will take effect starting in 2027.
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