Calling on Congress: Lawmakers urged to pass employee emergency savings plans

An emergency savings policy – which would automatically enroll employees into savings programs – would align with the goals of the U.S. retirement system, wrote employers in a letter sent to House and Senate leaders.

By Willa Hart | December 14, 2022 at 10:24 AM

U.S. House Speaker Nancy Pelosi, a Democrat from California, center, arrives to the U.S. Capitol in Washington, D.C., U.S., on Friday, March 27, 2020. The House passed the $2 trillion coronavirus rescue plan Friday and will send it to President Donald Trump for his signature. One person voted against it: GOP Rep. Massie of Kentucky.

A group of businesses are asking Congress to consider legislation that helps workers build their emergency savings in a new letter from BPC Action and over 40 companies.

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