Emergency Savings Enhancement Act of 2025

This bill makes changes to a type of emergency savings account that can be linked to a workplace retirement plan like a 401(k). Right now, workers who earn above a certain amount are not allowed to have these accounts, but this bill removes that rule so all eligible workers can participate regardless of how much they make. The bill also raises the maximum amount a worker can put into this type of account from $2,600 to $5,000, with that limit going up over time to keep pace with inflation.

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