Director, Office of Regulations and Interpretations

1210-AC18 202304 Unified Agenda of Federal Regulatory and Deregulatory Actions 1210 Employee Benefits Security Administration EBSA 1200 Department of Labor DOL Emergency Savings Accounts Linked to Individual Account Plans

Section 127 of SECURE 2.0 Act of 2022 amended the Employee Retirement Income Security Act of 1974 by adding provisions that provide for emergency-savings accounts linked to individual account plans. The provisions also grant the Secretary authority to prescribe regulations that address reporting and disclosure requirements for pension-linked emergency savings accounts. This action will explore the need for regulatory or other guidance regarding implementation of the ERISA amendments in section 127 of SECURE 2.0 Act of 2022. The Department of Labor’s Employee Benefits Security Administration intends to start by consulting with stakeholders to explore areas where regulatory or other guidance would facilitate establishment of pension-linked emergency savings accounts.

]]> Other Significant First Time Published in The Unified Agenda Prerule Stage Undetermined Undetermined Not Yet Determined SECURE 2.0 Act of 2022, sec. 127 29 U.S.C. 1102((45) ERISA sec. 3(45) 29 U.S.C. 1135 ERISA sec. 505 29 U.S.C. 1193b ERISA sec. 803 No Stakeholder Meetings 06/00/2023 Undetermined Undetermined Undetermined Undetermined No No Jeffrey Turner J. Director, Office of Regulations and Interpretations 1210 Employee Benefits Security Administration EBSA 202 693-8500 Room N5669, 200 Constitution Avenue NW, FP Building, Room N-5655, Washington DC 20210