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It’s time to add emergency savings to work benefits

Bipartisan emergency savings legislation would allow employees to withdraw up to $1,000 per year from their workplace retirement account without penalty.

The past year tested the financial security of many American families. Unfortunately, we were reminded that many Americans aren’t prepared to deal with an unexpected financial challenge as cash-strapped families turned to their retirement savings to make ends meet.

This underscores the need to

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It’s time to add emergency savings to work benefits

Bipartisan emergency savings legislation would allow employees to withdraw up to $1,000 per year from their workplace retirement account without penalty.

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