# 115-hr-7349: Savings Account for Every American Act of 2018

115-hr-7349, Savings Account for Every American Act of 2018, is a 115th Congress bill sponsored by Rep. Sessions, Pete [R-TX-17] (R-TX); status Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-7349
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-7349
- Congress: 115
- Title: Savings Account for Every American Act of 2018
- Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2018-12-19
- Sponsor: Rep. Sessions, Pete [R-TX-17] (R-TX)
- Cosponsors: 0
- Policy area: Labor and Employment
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Savings Account for Every American Act of 2018 This bill provides for the establishment of tax-exempt savings accounts, which individuals may elect to participate in instead of Social Security. The bill requires (1) employers to maintain payroll deduction programs for the accounts, and (2) employees and employers to make specified contributions to the accounts.

## Related bills

- 115-hr-7331: To designate the facility of the United States Postal Service located at 11158 Highway 146 North in Hardin, Texas, as the "Lucas Lowe Post Office".
- 115-hr-7057: Child and Dependent Care Modernization Act of 2018
- 115-hr-6933: Equal Treatment of Public Servants Act of 2018
- 115-hr-6760: Protecting Family and Small Business Tax Cuts Act of 2018
- 115-hr-6757: Family Savings Act of 2018
- 115-hr-6740: Border Tunnel Task Force Act

## Sources
- [115-hr-7349 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/7349)

## Related
- [115-hr-7331: To designate the facility of the United States Postal Service located at 11158…](https://policyrisk.com/legislation/115-hr-7331)
- [115-hr-7057: Child and Dependent Care Modernization Act of 2018](https://policyrisk.com/legislation/115-hr-7057)
- [115-hr-6933: Equal Treatment of Public Servants Act of 2018](https://policyrisk.com/legislation/115-hr-6933)
- [115-hr-6760: Protecting Family and Small Business Tax Cuts Act of 2018](https://policyrisk.com/legislation/115-hr-6760)
- [115-hr-6757: Family Savings Act of 2018](https://policyrisk.com/legislation/115-hr-6757)
- [115-hr-6740: Border Tunnel Task Force Act](https://policyrisk.com/legislation/115-hr-6740)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-7349 (as of 2025-11-18).