29 U.S.C. § 1193c — Report to Congress on emergency savings accounts

The Secretary^* of Labor and the Secretary of the Treasury must: (1) study the use of emergency savings from individual account plan^* accounts, including pension-linked emergency savings accounts, covering (A) whether the dollar limit in section 1193(d)(1)(A) is sufficient, (B) whether the contribution-rate limit in section 1193(d)(2)(A) is appropriate, and (C) how much plan sponsors offer these accounts and participants use them, and the resulting effect on retirement savings, including retirement-savings leakage and plan participation by low- and moderate-income households; and (2) within 7 years after December 29, 2022, submit Congress a report on the study’s findings.