S. 4310 · 117th Congress
Emergency Savings Act of 2022
- Stage
- In committee
- Sponsor
- Cory Booker
- Introduced
- 2022-05-25
- Latest action
- 2022-05-25 · Introduced in Senate
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.