PENSION-LINKED EMERGENCY SAVINGS ACCOUNTS
01.Core Concepts
(PLESAs) (1 of 2) • Employee-funded emergency savings account within the qualified plan • Employee must meet plan eligibility requirements • Maximum contribution $2,500 (in 2025) • Roth contributions only • Contribution counts toward maximum $23,500 (in 2025) • Employer may automatically enroll employees at a maximum rate of 3% of compensation • Employees may opt out or choose a different rate • Contributions eligible for employer match (to EE’s retirement account)