A Democratic bill with no cosponsors
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is known as the Saver's Match Enhancement Act of 2026 and was introduced in the Senate on September 24, 2026. The legislation amends the Internal Revenue Code of 1986 to expand retirement savings opportunities for American families. Specifically, the bill increases the matching rate for retirement savings and expands eligibility for more individuals. It also provides Roth treatment for matching contributions and includes adjustments for inflation. These changes are set to apply to taxable years beginning after December 31, 2026.
Yes· 3 of 8
- Scored +7
Would households on low incomes be better off under this?
The legislation significantly increases the matching rate to 100 percent and raises the eligibility threshold to $85,000.
- Scored +6
Would middle-income households be better off under this?
Raising the eligibility threshold to $85,000 allows more middle-income households to qualify for retirement matching.
- Scored +6
Does this strengthen Social Security?
The bill enhances retirement savings opportunities by increasing the saver's match rate and expanding eligibility.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increase in the Matching Rate: Section 2(a) increases the matching rate from 50 percent to 100 percent, which means people could receive a larger match for their retirement savings.
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Expansion of Eligibility: Section 2(b) raises an eligibility threshold amount from $41,000 to $85,000, allowing more individuals to qualify for the program.
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Roth Treatment of Matching Contributions: Section 2(c) ensures that matching contributions can consist of a qualified Roth contribution program or a Roth IRA, and treats them as Roth contributions that are excludable from gross income.
Potential Negative Impacts for People
- The provided text does not contain any specific sections or provisions that outline potential negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — The legislation significantly increases the matching rate to 100 percent and raises the eligibility threshold to $85,000. Would middle-income households be better off under this? — Raising the eligibility threshold to $85,000 allows more middle-income households to qualify for retirement matching. Would people in middle age be better off under this? — Middle-aged individuals benefit from increased retirement matching rates and higher income eligibility thresholds. Would people in their twenties and thirties be better off under this? — Young adults benefit from enhanced and expanded matching contributions for early retirement savings. Would retired people be better off under this? — Encouraging broader and higher-matched retirement savings strengthens overall financial preparedness for retirement. Would people over 65 be better off under this? — The provisions encourage overall retirement savings growth which supports long-term financial stability in later years.
- Social Issues And Justice
- Does this strengthen Social Security? — The bill enhances retirement savings opportunities by increasing the saver's match rate and expanding eligibility. Is this likely to lift people out of poverty? — Expanding retirement savings matches for lower-income individuals helps build long-term financial security.
- 9/24/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate