Who it affects
- Higher-paid employees
- Employees with retirement-linked emergency savings accounts
In committeeRetirementPersonal finance
Emergency Savings Enhancement Act of 2025
H.R. 6417 · House bill · Introduced Dec. 3, 2025
The Emergency Savings Enhancement Act of 2025 would expand access to retirement-linked emergency savings accounts for higher-paid employees and raise the contribution limit to $5,000.
At a glance
Where it stands
In committee
How South Carolina voted
No recorded votes yet.
See each vote ↓Lobbying and money
No lobbying reported yet
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
What it would do
- These emergency savings accounts are linked to retirement plans, such as 401(k)s.
- Higher-paid employees could participate if they meet their plan's age, service, and other eligibility rules.
- The limit on account balances from employee contributions would rise from $2,600 in 2026 to $5,000.
- That limit would continue to be adjusted for inflation.
Written with AI from the official summary by Congress's research office.
How South Carolina voted
No recorded roll-call vote on this bill yet.
Groups that lobbied on it and gave to SC's members
PAC, lobbyist campaign and qualifying employee money this election, shown separately and never added together. Lobbying reports name the bills a group worked on, not which side it took.
No lobbying reported yet. Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
Official record
Official title, sponsor and status
- Official title
- To modify the eligibility requirements and account contribution maximum for pension-linked emergency savings accounts, and for other purposes.
- Sponsor
- Rep. Vindman, Eugene Simon (D-VA)
- Introduced
- Dec. 3, 2025
- Cosponsors
- 1
- Committees
- House Ways and Means Committee; House Education and Workforce Committee
- Latest action
- Dec. 3, 2025 · Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Official summary from the Congressional Research Service
Emergency Savings Enhancement Act of 2025 This bill expands eligibility and increases the maximum contribution limit for pension-linked emergency savings accounts (PLESAs). As background, PLESAs are savings accounts that are established and maintained in connection with a defined contribution retirement plan, such as a 401(k). Contributions to such accounts are subject to federal income tax, and withdrawals are allowed for any reason. The bill expands eligibility for PLESAs by eliminating the exclusion of highly compensated employees. Thus, under the bill, individuals who meet the age, service, and other eligibility requirements of the plan, regardless of compensation, are eligible to participate in such a plan. The bill also increases the maximum limit on the portion of a PLESA balance attributable to participant contributions to $5,000 (from $2,600 in 2026). This limit continues to be adjusted for inflation.
Summary on Congress.gov ↗Everyone who lobbied on this bill (0 groups)
No lobbying report we have loaded names this bill. That doesn't mean no lobbying took place.
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published. Reports for October through December 2026 are due January 20, 2027.