S. 4310 · 117th Congress · Senate

Emergency Savings Act of 2022

Active· Read twice and referred to the Committee on Finance.
Introduced
May 25, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Emergency Savings Act of 2022

This bill permits employer-sponsored retirement plans to offer participants a pension-linked emergency savings account (1) with a maximum account limit of $2,500, and (2) from which withdrawals are not subject to a tax penalty.

Action Timeline

2
  1. MAY 25, 2022IntroReferral

    Introduced in Senate

  2. MAY 25, 2022IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: May 25, 2022

Active