To provide for each American the opportunity to provide for his or her retirement through a S.A.F.E. account, and for other purposes.

United States115th CongressHR-7349House of Representatives
Updated: Dec 19, 2018

Summary

Savings Account for Every American Act of 2018 This bill provides for the establishment of tax-exempt savings accounts, which individuals may elect to participate in instead of Social Security. The bill requires (1) employers to maintain payroll deduction programs for the accounts, and (2) employees and employers to make specified contributions to the accounts.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, 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.

    House of Representatives

  2. Introduced in House

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