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119-s-3333Committee
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Emergency Savings Enhancement Act of 2025

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Summary

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The Emergency Savings Enhancement Act of 2025 modifies the rules for pension-linked emergency savings accounts by increasing the maximum annual contribution limit from $2,500 to $5,000 and broadening eligibility requirements to allow individuals to participate regardless of whether they are otherwise plan participants, provided they meet the plan's age, service, and other eligibility criteria. The bill amends both the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to align these provisions. The changes take effect for taxable years beginning after December 31, 2026.

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Bill details

Congress
119
Bill type
s
Introduced
December 3, 2025
Sponsor
Todd YoungRIN
Cosponsors
3
Last action
July 30, 2026— Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.

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