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H.R. 6417 119th Congress House

Emergency Savings Enhancement Act of 2025

Official title: To modify the eligibility requirements and account contribution maximum for pension-linked emergency savings accounts, and for other purposes.

Introduced: December 3, 2025 Introduced by: Eugene Simon Vindman Democratic · Virginia See on congress.gov
Taxation Bank accounts, deposits, capitalEmployee benefits and pensionsIncome tax deferral
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 3, 2025
Introduced in House
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.
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What's happening now December 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.

 Plain-English summary 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.

 Related & companion bills 1
  • S 3333 Emergency Savings Enhancement Act of 2025
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 6

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

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 Cosponsors 1
All 1 Republican 1
R
Thompson, Glenn
Pennsylvania · Dec 3, 2025
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APA
U.S. Congress. (2026). H.R. 6417: Emergency Savings Enhancement Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-6417/
MLA
"H.R. 6417: Emergency Savings Enhancement Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-6417/.
Bluebook (legal)
H.R. 6417, 119th Cong. (2026), https://openamerica.io/bill/119-HR-6417/.
Markdown link
[H.R. 6417: Emergency Savings Enhancement Act of 2025](https://openamerica.io/bill/119-HR-6417/)
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