This bill seeks to significantly improve pension-linked emergency savings accounts by modifying their eligibility requirements and contribution limits. It broadens the definition of an eligible participant under both the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986, allowing individuals to qualify if they meet any age, service, and other plan eligibility requirements, regardless of their participation in the main retirement plan. A key provision of this legislation is the increase in the maximum allowable contribution to these emergency savings accounts. The current limit of $2,500 is doubled to $5,000 , providing individuals with a greater capacity to build their emergency savings within their retirement plans. These changes, along with conforming amendments, are set to take effect for taxable years beginning after December 31, 2026, aiming to bolster financial security for more workers.