The purpose of the Safeguarding Americans' Fairly Earned Retirement Act of 2026, also known as the SAFER Act, is to protect individuals' securities, digital assets, and investment accounts from being prematurely taken by financial institutions under state laws regarding unclaimed property. The Act aims to ensure that these assets are not transferred to the state without sufficient evidence of the owner's death or lack of contact. Key provisions of the Act include specific requirements for financial institutions before they can yield custody of covered assets.